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Showing 331 - 340 of 2465 results for "Monetary"

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... way it's (not) going for Japan, recent upgrades to its 2021 economic growth made by the OECD and the International Monetary Fund might need to be toned down or even reversed to a downgrade at their next outing. The OECD's March 2021 "Interim ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until actual inflation is sustainably ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
The Bank of Japan (BOJ) kept monetary policy settings at its March meeting - short-term key interest rate at minus 0.1% and the target for the 10-year Japanese government bond yield at around 0%. It also pledged that it "will continue with Quantitative ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
"At its meeting ending on 17 March 2021, the Committee judged that the existing stance of monetary policy remains appropriate. The MPC voted unanimously to maintain Bank Rate at 0.1%. The Committee voted unanimously for the Bank of England to maintain ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... Hole and voila, we get the rationale for the "dot plot" that shows the FOMC participants' assessments of appropriate monetary policy. And that is, that the fed funds rate would remain at 0 - 0.25% until at least the year 2023 if things turn out as ...

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... infrastructure investment and the wage subsidy program. The central bank governor even tooting his own horn, pointing to the monetary policy measures put in place which helped reduce the cost of borrowing to historically low levels. "The result has been ...

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... non-existent". Addressing the court, CBA's lawyer said: "... the crux of the definition is that the benefit, whether monetary or non-monetary, because of the nature of that benefit or the circumstances in which it is given, could have reasonably ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

Local fund manager expands in Asia

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
... distribution. It may acquire up to 100% of Odyssey via three further options and two call options. Subject to approval from Monetary Authority of Singapore and Securities and Futures Commission in Hong Kong, Auctus will increase the Odyssey stake to ...