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Showing 331 - 340 of 1453 results for "Monetary Policy"

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 ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... policy adjusting - or in the vernacular, verbal intervention. It did it again at its October meeting - it kept monetary policy settings unchanged while at the same time stating that: "The bank will not hesitate to take additional easing measures if there ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... weak, and as I've scribbled on this page yesterday, it's no longer a risk but a certainty. Then again, monetary policy operates with a lag - it takes between 12-15 months for changes in interest rates to filter through into the economy - proving ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... that, in turn, would allow central banks to resume policy normalisation instead of dreaming of new unconventional monetary policy measures.

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... rate would be stuck at 0.75% and we just have to wait until the economy catches up with the lagged effects of monetary policy. I have no problem with that. That'll be good... if the economy operates in a vacuum. But it doesn't. Apart from inflation ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... final outing as president of the European Central Bank (ECB) came and went without much fanfare. The ECB kept monetary policy settings unchanged at its October 24 meeting. This is to be expected after it announced a big one (so far) a month prior (in ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... 1.1%. Like the Japanese yen, is the Australian dollar becoming a safe-haven currency? While relative US-Australia monetary policy and growth forecasts favour buying American dollars against Australian ones, there are other factors determining exchange ...