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

Search Results

Showing 351 - 360 of 2470 results for "Monetary"

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... quarter growth, adding 2.3 percentage points and 0.7 percentage point, respectively. Sure, sure, Australia was still in monetary and fiscal crutches at the time but as Treasurer Josh Frydenberg notes: "In the December quarter, direct economic support ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... program and the bank is prepared to do more if that is necessary." All this while at the same time pledging to maintain monetary policy support, i.e., "not increase the cash rate until actual inflation is sustainably within the 2-3% target range". This ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... of the bad feelings" from the pandemic-cursed year of 2020 are beginning to disappear thanks to counter-measures from monetary and fiscal authorities, easing cases of infections and deaths, and as nation's around the world begin jabbing their citizens ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... prayin' for Biden's US$1.2 trillion fiscal stimulus package passes and that the Fed continue to maintain loose monetary policy... sans inflation. But to quote the title of the 2003 American romantic comedy film, "something's gotta give"... ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that: "The outlook for the labour market has improved as a result of the better ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... measured inflation but would be unlikely to have a lasting effect". As such, the FOMC remains committed to maintaining monetary policy accommodation until it achieves its goals of "maximum employment and inflation at the rate of 2% over the long run. ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... rallying. Wall Street continues to register fresh highs, pulling up 'the others' along with it, powered by fiscal and monetary policy largesse... and FOMO (fear of missing out) and TINA (there is no alternative). However, the rise and rise in copper ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... stockmarket buoyant? The usual suspects are there: vaccine optimism; relaxation of restrictions in some countries; fiscal and monetary policy accommodation, etc. Nah, it's the BOJ stupid and its aggressive ETF purchases which, according to Reuters ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... of profit-taking on Wall Street but the road to the end of 2021 is looking up, paved by the imperatives of fiscal and monetary policies.

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
The Bank of England (BOE) gave financial markets what they wanted and kept monetary policy settings unchanged - the bank rate at a record low 0.1% and QE at £895 billion - at its first Monetary Policy Committee meeting on February 4. It was hoping ...