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Showing 321 - 330 of 2498 results for "Central bank"

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 ...

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

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. The central bank notes that: "The improvement in global and domestic economic indicators... have provided members more confidence in this outlook ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
The impact of decelerating coronavirus infections, 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. ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
A panel of policy, research and economics experts at the Conference of Major Superannuation Funds offered their view of the COVID-19 recovery, revealing how the pandemic changed economies. AlphaBeta Australia managing director Amit Singh referred to ...

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

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
Inflation was the "word" over the week that was. Concerns over US inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
Wall Street's down! All four US benchmark equity indices dropped overnight - the Dow by 1.99; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. The yield on 10-year US bonds increased to 1.70% from 1.62% the day before. ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... developments in financial markets since then, the pace of these continuing purchases could now be slowed somewhat." The central bank will slow bond purchases to £3.4 billion a week between May and August, from the current pace of £4.4 billion, but ...

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 ...