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

Search Results

Showing 321 - 330 of 1449 results for "Monetary Policy"

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... global developments and ongoing risks. With our decisions through the course of the past year, we believe that monetary policy is well positioned to serve the American people by supporting continued economic growth, a strong job market, and inflation ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about 12 to 15 months for higher/lower interest rates to flow through into the general economy ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... Perhaps, the RBA is correct in its optimism that, "one day my prince will come", and eventually the lagged effects of monetary policy will flow through into the general economy. However, given the prevailing sense of uncertainty in the global economy ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... appreciated by 3.9% and the Euro by 3.7% against the yen since, and this comes despite the BOJ not lifting a finger on monetary policy. Over the past many months, the BOJ has done nothing and it kept policy unchanged at it's October meeting only ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... growth and higher inflation. This is consistent with the RBA's forecasts in its November 'Statement on Monetary Policy" (SoMP) - GDP growth of 2.75% in 2020 and inflation of 1.75% (and of course, that footnote where it assumes another 25bps cut ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... starting to change my tune. Yes Virginia, I'm still scouring through the pages of the RBA's Statement on Monetary Policy released earlier this month and eureka and by George and by golly, there it was, in black and white... "Recent developments ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... past few days (before the jobs report) also provided early rate cut signals: November 8: The RBA Statement on Monetary Policy. The thing to note here is that the RBA's relatively optimistic projections come with a footnote - (a) the technical assumptions ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... that: "The board will continue to monitor developments, including in the labour market, and is prepared to ease monetary policy further if needed to support sustainable growth in the economy, full employment and the achievement of the inflation target ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... that the UK would leave the EU without a deal sometime around August this year. The Bank of England's (BOE) monetary policy statement published after the monetary policy committee meeting of October 7 - where it kept policy settings unchanged - was ...