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Showing 331 - 340 of 1045 results for "Governor"

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian Orr's clarification that the current official cash rate (OCR) of 1.75 would remain "at this level through 2019 and ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... October 2004 to 24 million in January 2016. See here for more details. The release is quiet timely for it provided RBA Governor Philip Lowe something new to talk about at his address to Anika Foundation Luncheon in Sydney the day after. Of course, Lowe ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... unchanged interest rates at that. For sure and for certain, financial markets would hear what they expect to hear from Governor Philip Lowe and his merry men and women when the RBA announces its decision at 2.30pm AEST today. That really is not up for ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
"The mistake is to always wait, wait, wait until you have perfect certainty." - Bank of England Governor Mark Carney The Bank of England (BOE) finally went ahead and did it. It lifted the Bank Rate by 25 basis points to 0.75% at the conclusion of its ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... consistently weakened from 0.5% in February this year to 0.2% last month. I note this because, if memory serves me right, BOJ Governor Haruhiko Kuroda pointed to this "core-core inflation" measure to declare that the economy is no longer in a state of ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... Australia's (RBA) 2%-3% target band. Inflation would find it hard to pick up until wages growth picks-up. Recall former RBA Governor Glenn Stevens' words: "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... from that inflation nirvana. It therefore comes as no surprise that when asked about the veracity of these reports, BOJ Governor Haruhiko Kuroda replied: "I know absolutely nothing about the basis for those reports." The BOJ was under his stewardship ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... inflation would rise and be sustained at its 2%-3% target. For this to happen, wages growth has to lift. Recall former RBA Governor Glenn Stevens' words; "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... equities and the depreciating yuan - will immediately come to mind, Japan's also taking a hit. Bank of Japan (BOJ) Governor Haruhiko Kuroda already expressed his concerns when he joined the ECB Forum on Central Banking held at Sintra, Portugal on ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
The chair of a $42 billion government superannuation fund and a former RBA Governor are joining the advisory board of New South Wales' new sovereign wealth fund. The state has also appointed its first chief economist. State Super chair Nicholas ...