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Showing 11 - 20 of 52 results for %22Governor Carney%22

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... There's Brexit in the UK, while Australia is bracing for the upcoming Federal election. But there's one truism in RBA Governor Philip Lowe's latest statement: "In China, the authorities have taken further steps to ease financing conditions ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... (year-on-year) in the three months to August -- the fastest rate since January 2009 - from 2.9% in the previous period. But governor Carney could be forgiven for "waiting" this time because Brexit is nigh. "The economic outlook will depend significantly ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... costs than has been seen over recent years." The inflow of UK indicators post the BOE's meeting showed that Governor Carney was correct not to wait. UK labour market stats since then indicate that it doesn't have to wait until 2019 for that slack ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... unchanged interest rates at that. For sure and for certain, financial markets would hear what they expect to hear from Governor Philip Lowe and his merry men and women when the RBA announces its decision at 2.30pm AEST today. That really is not up for ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
"The mistake is to always wait, wait, wait until you have perfect certainty." - Bank of England Governor Mark Carney The Bank of England (BOE) finally went ahead and did it. It lifted the Bank Rate by 25 basis points to 0.75% at the conclusion of its ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before, but didn't). "At its meeting ending on 20 June 2018, the MPC voted by a majority ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on record that the next move in interest rates will be up but financial markets don't expect ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... year and the slowest rate of growth since the June 2012 quarter. Then again, in his post-meeting press conference, BOE Governor Mark Carney stressed that the slowdown is due to adverse weather in February and March and that UK's underlying growth is ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... with the UK in 2017 (up from US$1 billion in the previous year). UK Prime Minister Theresa May and Bank of England (BOE) governor Mark Carney could at least focus on the domestic economy. While UK GDP growth slowed to annual rate of 1.4% in the year ...

Climate change a real risk for investors: Poll

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... Climate-Related Financial Disclosures (TCFD), established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, to address systemic financial risk posed by climate change, the report said. Deutsche Asset Management released ...