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Showing 11 - 20 of 36 results for "Council meeting"

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
Yesterday's European Central Bank's (ECB) Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
The European Central Bank's (ECB) 26 April Governing Council meeting produced unchanged monetary policy settings yet again, marking the 26th month of inaction. The eurozone's interest rates haven't changed - repo rate at 0.0%; deposit facility at -0.40% ...

Chief economist update: The key to ECB taper

BENJAMIN ONG  |  TUESDAY, 27 FEB 2018
... weather'd every rack, the prize we sought is won..." As revealed in the minutes of the 24-25 January Governing Council meeting: "some members expressed a preference for dropping the easing bias regarding the APP from the Governing Council's communication ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
... Draghi to deliver a less dovish message (at the very least) after the European Central Bank's first governing council meeting for 2018. Perhaps, the underlying reason for investors' increased appetite for the euro. The euro/US$ exchange rate has appreciated ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... said it would do -- it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised its key overnight benchmark rate. The ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... gaining momentum. This is a fact not lost on ECB president Marion Draghi who declared after the bank's Governing Council meeting in April that, "It's true that growth is improving, things are going better. In 2016 we were speaking of a fragile and uneven ...

The prescience of Super Mario

BENJAMIN ONG  |  THURSDAY, 20 APR 2017
... has so far not translated into higher inflation and as ECB president Mario Draghi noted in the March governing council meeting, rising headline inflation mainly reflected "strong increase in annual energy and unprocessed food price inflation, with no ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... and asset purchases at €80 billion until the end of March 2017 - at the conclusion of its 8 December governing council meeting. However, the ECB also announced that, "From April 2017, our net asset purchases are intended to continue at a monthly pace ...

FOX appoints Australia/NZ market leader

ALEX BURKE  |  TUESDAY, 25 OCT 2016
The global family office association, Family Office Exchange, has appointed a market leader for Australia and New Zealand. Peter Roach takes on the role having been the chief executive of the Fairfax family office, Cambooya Services, for 12 years. He ...