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Showing 371 - 380 of 1449 results for "Monetary Policy"

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... one FOMC member (I couldn't remember who, or was it Janet Yellen?) once blurted out, we decide on domestic monetary policy based on our domestic conditions and outlook, not on global circumstances. But as the inverted US yield curve forewarns, America ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... of increase of about ¥80 trillion. Chances are the BOJ will offer more of the same when it concludes its June monetary policy meeting. Latest economic stats since the Japanese central bank last met have been mixed at best but overall continue to indicate ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... spring 2020". However, faced with the same global challenges and the lingering uncertainty that is Brexit, external monetary policy committee member of the Bank of England (BOE) Michael Saunders said that, "We probably would have to return to something ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... Australian National Accounts were released. While the RBA's rate reduction would certainly help, note that the RBA monetary policy transmission mechanism takes around 12-18 months before it flows through into general economic activity. Suddenly ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... Australia's (RBA) decision to cut the official cash rate to a fresh record low of 1.25% takes the country's monetary policy into uncharted waters. More uncharted it would be if JP Morgan's prediction that rates will drop to as low as 0.5% ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... slow progress in addressing structural issues. Like other major world central banks, the ECB wants to bring back monetary policy towards normality. But perhaps, it was a little too soon when it ended its â,¬2.6 trillion asset purchase programme (APP) ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... May 21. "Putting these various elements together, our central scenario - as outlined in our recent Statement on Monetary Policy - is for the Australian economy to grow by 23/4 per cent over both 2019 and 2020... It is worth pointing out that when preparing ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... month away, but when the policy board of the Bank of Japan (BOJ) meets to assess the state of the economy and its monetary policy response on 19-20 June, it could claim the economy is progressing as printed at its meeting in April. "Japan's economy ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... for company profits is the fragile state of economy, global risks (elevated trade tensions and China slowdown), monetary policy and the sluggish housing market which will be more impactful on economic growth and profit growth over the long term." Meanwhile ...