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Showing 281 - 290 of 823 results for "Central banks"

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... war on trade) not his neighbours that's generating this downdraft and counter-cyclical policy responses from central banks around the world... and/or as long as Trump remains in the White House.

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" from ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... environment but current indications are that we have seen the low in this economic cycle. More so, given that major central banks and governments are now hard at work enacting and/or preparing counter-cyclical policy responses. We'll be right mat ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... yields (cost of government borrowing) this low, it's time for fiscal policy to lend a helping hand" because central banks are running out of ammunition. No less than Reserve Bank of Australia Governor Philip Lowe backs up Financial Standard 's ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... after his victory and his tax cuts and increased infrastructure spending. So much so, that financial markets and central banks were counting the days when (not if) monetary policy will be returned to normal. Then Trump had to say something stupid like ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... safehaven currencies such as the Swiss franc and the Japanese yen are upper; gold's in, copper is out. Even central banks are busily preparing for the "R" contingency. The Fed's mulling negative interest rates; the ECB's forward-guiding ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... ominously looming. Before Lehmann Bros collapsed on the 15 September 2008, policy rates among the world's major central banks were higher - 7.25% for the RBA (now 1%); 5.75% for the BOE (now 0.75%); 5.25% for the Fed (now 2.25%); 4.25% for the ECB ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... prediction (made two days prior) that the RBA is heading to zero. Read governor Lowe's lips: "Globally, if all central banks go to zero, then we'd have to consider that as well."... and more, if necessary: "We are prepared to do unconventional ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... easing" or "the targeted use of fiscal policy to support any unconventional monetary policy," it says. Surely, other central banks are doing the same. But with bond yields (cost of government borrowing) this low, it's time for fiscal policy to lend ...