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Showing 351 - 360 of 1449 results for "Monetary Policy"

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... refinancing operations (TLTRO III) to preserve favourable bank lending conditions, ensure the smooth transmission of monetary policy and further support the accommodative stance of monetary policy." "The interest rate in each operation will now be set ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
The Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... the inflation target. The Board will continue to monitor developments, including in the labour market, and ease monetary policy further if needed to support sustainable growth in the economy and the achievement of the inflation target over time." But ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... president Mario Draghi told his audience (and the world) at his press conference straight after the ECB's last monetary policy meeting held on the July 25. Because, as he put it: "The risks surrounding the euro area growth outlook remain tilted to ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... "There are, however, no recent precedents to guide any policy response to the current situation. Moreover, while monetary policy is a powerful tool that works to support consumer spending, business investment, and public confidence, it cannot provide ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... infrastructure spending. So much so, that financial markets and central banks were counting the days when (not if) monetary policy will be returned to normal. Then Trump had to say something stupid like "tariffs" in the name of "national security" and ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... absent from the headlines. The last headline news out of Japan was when the Bank of Japan (BOJ) conducted its monetary policy meeting on July 30, deciding to keep the status quo - interest rate at -0.1% and 10-year government bond yield target at around ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... (RBNZ), the Bank of Thailand (BOT) and the Reserve Bank of India's (RBI) surprise moves towards increased monetary policy accommodation on August 7 supports the bond markets' dim view over the prospects for economic growth and inflation. Not ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... struggling to get inflation up to within their stated target rates - and this time, there's limited scope for monetary policy stimulation with the currently prevailing low, zero, and even negative interest rates. What's more chilling is that ...

RBA in no rush to lift cash rate

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
... he said. "But if demand growth is not sufficient, the board is prepared to provide additional support by easing monetary policy further. However, as I have discussed on other occasions, other arms of public policy could also play a role in this scenario." ...