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

Search Results

Showing 301 - 310 of 2465 results for "Monetary"

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
... projected to continue growing with a virtuous cycle from income to spending intensifying." The BOJ decided to keep current monetary policy settings unchanged at the meeting but extended its pandemic relief programme by six months to the end of March ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... that the Reserve Bank of Australia (RBA) and/or the federal government withdrawing their policy largesse. Que horror! Monetary and fiscal accommodation no more! We all wish and hope and pray that everything returns to pre-pandemic normal. So, why are ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... went on the up and up. This is because while the much-anticipated June FOMC meeting produced no change in the prevailing monetary policy setting - the fed funds rate at 0-0.25% and bond purchases at a rate of US$120 billion monthly - the dot plots contained ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... Lagarde's answers to an interview with 'Politico' asking how long the single-currency region's fiscal and monetary policy support would remain in place. This comes four days after the European Central Bank convened on the 10th of June ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... continue to accelerate even after the base effects are washed out of the stats? Recent indications are that continued monetary and fiscal policy largesse would put a lotta money in Americans' pockets, in addition to the higher wages they'll get ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... on inflation". This is the complete opposite of the BOJ's assessment revealed in the "Summary of Opinions at the Monetary Policy Meeting on April 26 and 27, 2021", where it revealed that, "The year-on-year rate of change in the consumer price index ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings unchanged; "including: the targets of 10 basis points for the cash rate and the yield on the 3-year ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... measures and delay the economic rebound," the OECD said. The OECD prescribes central banks in advanced economies should keep monetary policy settings accommodative and allow "temporary overshooting of headline inflation... provided underlying price pressures ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... to 61.8 in May - a 91-month high (October 2013). These justify the Bank of England's (BOE) decision at its May 5 monetary policy committee meeting to slow bond purchases to £3.4 billion a week between May and August, from £4.4 billion based ...