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

Search Results

Showing 341 - 350 of 636 results for "Trump"

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... raising the fed funds rate three times in 2018 was positively-named normalisation of monetary policy. All was well. Until Trump taketh what he earlier giveth, announcing a 25% tariff on foreign steel and a 10% tariff on foreign aluminium in the name ...

Chief economist update: Small business is big business

BENJAMIN ONG  |  WEDNESDAY, 15 AUG 2018
... the jobs. It's all about small business... Small business is really big." These were the words of US President Donald Trump when he spoke at the 75th Anniversary of the National Federation of Independent Businesses (NFIB) in Washington in June this ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... two senior Turkish officials to which Ankara answered with sanctions against two members of Trump's cabinet, to which Trump responded by tweeting that he would double Turkey's tariffs on steel and aluminium. And down, down, down the Turkish lira ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... risks an A$ appreciation (not a good idea when our biggest export market - China - is in the midst of a trade war with Uncle Trump) but cutting interest rates now could re-ignite the already slowing housing market and encourage Australian households ...

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: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... levied by China on US$34 billion of US imports in retaliation to America's imposition of the same amount on July 6. The Trump administration is reportedly preparing tariffs on US$200 billion on imports from China. The latest China manufacturing PMI ...

NRMA chair links with asset manager

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
The chairman of NRMA has been appointed to the board of a $25 billion international equities manager. Platinum Asset Management is welcoming Tim Trumper to its board, with the NRMA chairman set to begin his tenure as a non-executive director at Platinum ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... point to growth in the second quarter. Government spending and investment (G) added 0.37 percentage points to growth as the Trump administration ramps up its defence and infrastructure expenditure. After subtracting 0.02 percentage points in the first ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...