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Showing 351 - 360 of 1045 results for "Governor"

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... 2017 quarter and 2.09% in the September quarter. Normally, I wouldn't quibble about decimal points but RBA deputy governor Guy Debelle's recent statement at the CFO Forum held in Sydney yesterday, quipped that "Recent data on wages provides some ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... which is roughly 1/100th the size of the US. The Reserve Bank of New Zealand's policy meeting of 10 May 2018 might be Governor Adrian Orr's first - he assumed office on March 27 (five days after the central bank's 22 March meet) - but New ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... year and the slowest rate of growth since the June 2012 quarter. Then again, in his post-meeting press conference, BOE Governor Mark Carney stressed that the slowdown is due to adverse weather in February and March and that UK's underlying growth is ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... this can six times since the year 2013). But here, I don't have to guess the BOJ's intention. None other than the BOJ Governor Haruhiko Kuroda explained the reason for eliminating the target date, at his post-meeting conference. "There was a market tendency ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... needs," the RBA said. Benedict's appointment follows the RBA deciding to leave the cash rate at 1.5%. Explaining this, RBA Governor Philip Lowe said: "The low level of interest rates is continuing to support the Australian economy. Further progress in ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... inflation rate. Is it when "core inflation" reaches 2.0% that they start lifting interest rates, or would it be 3.0%? RBA Governor Philip Lowe's address to the Australia-Israel Chamber of Commerce in Perth on April 11 offers a clue: Governor Lowe listed ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... had previously expected." The financial markets would have had a negative knee-jerk reaction. But the same way as RBA Governor Philip Lowe explained in his address to the Australia-Israel Chamber of Commerce, it's a scenario "...in which interest rates ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... with the UK in 2017 (up from US$1 billion in the previous year). UK Prime Minister Theresa May and Bank of England (BOE) governor Mark Carney could at least focus on the domestic economy. While UK GDP growth slowed to annual rate of 1.4% in the year ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
Reserve Bank of Australia (RBA) governor Philip Lowe must be sporting a smile on his lips for just a day after the Board met on the April 3, the Australian Bureau of Statistics (ABS) released its latest report on retail spending and...it was good. The ...