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Showing 11 - 20 of 24 results for "July 30-31 meeting"

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... kept monetary policy settings unchanged - target rate at -0.1% and 10-year JGB yield target at zero - at its 14-15 July meeting. While sitting BOJ Governor and the Policy Board pledged that they will "closely monitor the impact of the novel coronavirus ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
"Gone Fishing!" Given "current" market expectations, this would be an appropriate sign on the Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... the outcome of the Bank of Japan's (BOJ) monetary policy meeting that's due to conclude this day. The 30-31 July meeting is particularly significant given last week's flare-up of speculations that the Japanese central bank may tweak/change/alter/review ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
... be? In its quarterly "Outlook for Economic Activity and Prices" update (released after the conclusion of its 19-20 July meeting), the BOJ lowered its FY17/18 core CPI projection to 1.1% (from 1.4% forecast in April 2017) while at the same time slashing ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
... currency's appreciation, that is. Recall that the ECB had been conspicuous in its silence about the euro since its 20 July meeting, and in that time, Draghi only made a passing reference to it by commenting that "the repricing of the exchange rate has ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
... keep on running just to stay still. It jumped the gun, announcing an "enhancement" of monetary easing after its 29 July meeting. While the Japanese central bank kept its policy rate at minus 0.1%, it increased the size of its ETF purchases to ¥6 trillion ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
... expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global economy (albeit, "at ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
... has lifted from 1.15% below trend to 0.42% below trend." Westpac expects the RBA to keep policy unchanged at its 5 July meeting - "barring the outside chance of 'Brexit' risks coming to pass" - before cutting the official cash rate by 25 bps at its 2 ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
... http://www.financialstandard.com.au/news/view/51858182 -- my rant right after the Fed's July FOMC meeting. I simply replaced the dates - i.e., July meeting to October, and September lift-off to December - and the Dow and the S&P's gains - 0.7% both back ...