Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 25 results for "August meeting"

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... remained steady at 1.9% in the June quarter. Although it's not expected to move on interest rates at its 31 July-1 August meeting, the latest growth figures give the US Federal Reserve the green light if it decides to do so to prevent the risk of ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... the trade-off facing the MPC continues to lessen..." The BOE's announced no change in monetary policy at its 3 August meeting -- - the first since Carney made the statement in late June. The British central bank's monetary policy summary statement revealed ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
... question now is whether the India's inflation would rebound to "a little above 4% by Q4" as the RBI expects. At its August meeting the Indian central bank noted that "some of the upside risks to inflation have either reduced or not materialised." The ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
... the Reserve Bank of India (RBI) kept its benchmark repo rate unchanged at a five-year low of 6.5% following its 9 August meeting. According to the RBI, "The momentum of growth is expected to be quickened by the normal monsoon raising agricultural growth ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
... the outside chance of 'Brexit' risks coming to pass" - before cutting the official cash rate by 25 bps at its 2 August meeting after the CPI report - out on 27 July - confirms that inflation remains below target. US house prices The Federal Housing Finance ...

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
... concerns about the currency have eased, as indicated by the change in language in the statement published after the August meeting. The RBA's stance that "further depreciation in the Australian dollar seems likely and necessary," has disappeared from ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
... according to Reuters, "just one of its nine policymakers - Ian McCafferty - had voted for a rate hike at their August meeting... Most economists in a Reuters poll had expected two or even three members of the Monetary Policy Committee to vote for a rate ...

Market Wrap - Morning

AAP  |  TUESDAY, 16 AUG 2011
... the minutes were a bit "historical" now, because of the drama that had unfolded on financial markets since the August meeting. "I think the minutes will be viewed relatively neutrally, on the basis that the market has gone through two weeks of extreme ...

QE2 to the rescue

BENJAMIN ONG  |  WEDNESDAY, 13 OCT 2010
... incoming economic data suggested that the underlying level of demand was weaker than projected at the time of the August meeting. Moreover, the outlook for foreign economic activity also appeared a bit weaker." In sum, the minutes' message is that the ...

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
Here we go again. If the overnight performance of the European and US stockmarkets are anything to go by, Asian and Australian equities are in for another rough trading day. Wall Street and European bourses tumbled last night as fears of a global slowdown ...