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Showing 311 - 320 of 2495 results for "Central Bank"

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... when travelling to Spain. The UK, in turn, is proceeding to lift restrictions as planned on July 19. The European Central Bank (ECB) released its new monetary policy strategy - resulting from the review launched in January 2020. Under the new strategy ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... at the earliest", three of Australia's 'Big Four' banks released forecasts that are at odds with the central bank. Commonwealth Bank predicted that the RBA would lift interest rates by late-2022; Westpac by early-2023; the ANZ expects two ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £20 billion. The Committee voted by a majority of 8-1... to continue with its existing programme of UK government ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... grow by 8.0% this year. The distortions wrought by the coronavirus pandemic to consumer and business behaviours and central bank and government policies make it especially difficult to assess the trend in forthcoming stats. Not to mention, the fact that ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... 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 and decided to maintain the status quo - keeping the interest rates unchanged on ...

State Street launches dedicated crypto, blockchain business

JAMIE WILLIAMSON  |  FRIDAY, 11 JUN 2021
... State Street Digital builds on State Street's existing digital capabilities, expanded to include cryptocurrency, central bank digital currency, blockchain and tokenisation. The new business will be led by Nadine Chakar, currently head of global markets. ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
Inflation? What inflation? We need inflation. While many, if not most, of its central bank peers - led by the Fed -- are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... zero per cent on Exchange Settlement balances". Financial markets expected as much. This is because the Australian central bank has already provided forward guidance at its May meeting that July is the month to watch out for. "At its July meeting, the ...

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

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
"The global economy has now returned to pre-pandemic activity levels." This was what the Organisation for Economic Cooperation and Development's (OECD) latest 'Economic Outlook' report revealed as it upgraded its projections for the world ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... the middle next year, recently given prominence by BOE policymaker Gertjan Vlieghe's remarks that the British central bank could lift rates as soon as the first half of 2022 but only if the unemployment rate doesn't pick up after the government's ...