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Showing 311 - 320 of 2465 results for "Monetary"

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... activity remains uneven across sectors of the economy." Ergo: "The Committee agreed to maintain its current stimulatory monetary settings until it is confident that consumer price inflation will be sustained near the 2% per annum target midpoint, and ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2021
... here's what the ABS prepared earlier: "Driving the increase to Australia's largest trading partner, China: non-monetary gold, up $282m (129%) metalliferous ores, up $204m (2%) Gold exports to China occurred for the second month in a row, following ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... Australia's economic revival has come and will be made stronger by additional spending announced in the budget and continued monetary policy accommodation by the Reserve Bank of Australia (RBA). Too much of a good thing (stronger growth) isn't ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... accelerating vaccination momentum - permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. Flash (preliminary) estimates for May show: The ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... can be observed - be it in the housing market or consumer spending - comes down to policy settings, he explained, both monetary and fiscal. "It's getting more difficult to manage the monetary side of the policy equation, I think," Doyle said. "If we ...

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
... prime rate (LPR) unchanged for the 12th straight month at 3.85% at its April fixing. Deducing from its first quarter monetary report (released 11 May), it's not thinking of reducing accommodation yet. According to the report, the PBOC believes that ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... pace going forward as Mr. and Mrs. Jones buy now before prices rise even more later. The Fed's forward guidance that monetary policy would remain accommodative "until at least 2023" offers extra incentive to "buy now pay later". The Biden administration's ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... in the economy and, therefore, little upward pressure on inflation. Ergo, the US Federal Reserve will continue to keep monetary policy settings highly accommodative as would fiscal policy. However, there are reports that the discouraging non-farm payrolls ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
This month the Bank of England's (BOE) monetary policy committee decided to keep the existing stance of monetary policy unchanged; the Bank Rate remains at a record low 0.1% and QE at £895 billion. But buried in the "Monetary Policy Summary and ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
As expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...