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Showing 281 - 290 of 817 results for "Central banks"

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 ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... US Federal Reserve cut the Fed funds rate again - by 25 bps to 1.75%-2% - as expected (or as Trump wants), other central banks may need to do more chopping. Given the low level of interest rates in most economies, and with inflation still positive, real ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... late-1990's to mid-2000's when global economic activity was going gang-busters. But not now, not now when most major central banks around the planet are struggling to get inflation up to within their stated target rates - and this time, there's ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... the greater the uncertainty that is now hindering business investment - both in the US and its trading partners. Central banks are now easing or maintaining ultra-loose monetary policies in response. But as The Economist printed (in its discussion of ...

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... portfolios to weather possible market volatility, in the face of political uncertainty and diminished liquidity as Central Banks reign in their market involvement," he said. "We expect the increasing focus on sustainability to continue and anticipate ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... economy's outlook (slowing as it is) is relatively better than its trading partners. This is the reason why other world central banks are maintaining or easing their respective monetary policies - and in the process cheapening their currencies - ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... Lowe didn't receive the memo from Bank of International Settlements (BIS) - the world's central bank of central banks - chief Agustin Carstens that delivered a day before that: "Monetary policy should be considered more as a backstop rather than ...