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Showing 311 - 320 of 818 results for "Central banks"

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... weakness next year (and perhaps, the one after that). But just as the counter-cyclical policies implemented by most central banks around the world at the time of the GFC, China's latest salvo could do the trick (the currently speculated breakthrough ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... A$ trade weighted index. This is hardly surprising given that the Fed's pause has allowed other major world central banks to place their respective monetary policies on ice (as opposed to exit strategies) and/or start thinking about easing. The race ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... market rally is simply an extension of monetary policy, he said. Because interest rates have been suppressed by central banks for some time, earnings were calculated at low discount rates thus pushing present values and ultimately stocks higher, Baur ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... now that the Fed has paused its policy normalisation policy that, in turn, will give reprieve to other major world central banks to freeze their own. Nearer term, there's the uncertainty over the upcoming Federal election and, of course, the repercussions ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
I've got chills, they're multiplying and I fear that the RBA is about to lose control. Apologies for sounding like doctor gloom lately but the list of stats indicating that the Australian central bank would be forced into a counter-offensive ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... move as a matter of "national security". The Fed's fresh iteration of being "data dependent" - a given for all central banks on the planet - means zilch given Trump's unpredictability. Case in point, the Fed was on its way towards normalising ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... property market would intensify and that: "The experience from housing downturns in other advanced economies is that central banks nearly always end up cutting policy rates... Capital expects prices in the capital cities to drop 15% from their peak making ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
... predicted slowdown in global growth would no doubt bring with it counter-cyclical policies from governments and central banks. The Fed has already changed its policy stance from onwards and upwards towards normalisation to one that would be "patient ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... reserve requirement ratio - and promises of more monetary and fiscal stimuli - in China; and expectations that the central banks of the Eurozone and Japan would keep their respective monetary policies on ice. The same expectations go for the Reserve ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... bigger challenges back then than the one it faces now. These were resolved by money, when the Fed and other major central banks flooded the system with liquidity. By raising interest rates (along with QE tapering), the Fed is siphoning liquidity from ...