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Showing 11 - 20 of 121 results for "Asset purchases"

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... the target for the stock of these government bond purchases at £875 billion and so the total target stock of asset purchases at £895 billion." This was the Bank of England's (BOE) long-winded way of saying "see last month's (4 February 2021) ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... significant slack in labour and product markets". To counteract this risk to growth: "We will continue to conduct net asset purchases under the pandemic emergency purchase programme (PEPP) with a total envelope of €1.850 trillion until at least the ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... monetary policy, the Fed's flooded the system with money, money, money in terms of reduced interest rates and asset purchases... and ready and willing to do more if needed. "Be greedy". "Greed is good" (Gordon Gekko) It's very good. The Dow has ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... at a record low 0.1% in June and it increased its GILT purchases by £100 billion -- taking the total stock of asset purchases to £745 billion - and declared that it stands ready to take further actions if necessary. In turn, the Chancellor of the Exchequer ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
... minus 0.2% each. This allowed the Bank of Japan (BOJ) to take a breather, keeping its monetary policy settings and asset purchases unchanged at its July 15 meeting while at the same time providing an optimistic outlook on the economy. The BOJ's baseline ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
The Bank of Japan (BOJ) took a breather in July, keeping its monetary policy settings and asset purchases unchanged, promising that: "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate ...

Chief economist update: UK plans for jobs

BENJAMIN ONG  |  THURSDAY, 9 JUL 2020
... 0.1% at its latest meeting in June, it increased its GILT purchases by £100 billion - taking the total stock of asset purchases to £745 billion - and declared that it stands ready to take further actions if necessary. More recently, the chancellor ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. As part of a commitment "to using its full range of tools to support the US economy ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... speculations of yield curve control. "The measures we discussed included explicit forms of forward guidance and asset purchases; we used these tools in the aftermath of the global financial crisis, and they have become a standard part of our toolkit. ...

Multi-boutique warns of fourth quarter reckoning

ALLY SELBY  |  MONDAY, 18 MAY 2020
... prevent a surge in bankruptcies and subsequent economic strife. "Similarly, sustained liquidity provisions and asset purchases from central banks will be required to support the economy. She doesn't believe markets will re-test their lows, however ...