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Showing 21 - 30 of 30 results for "May meeting"

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... the probability of a rate hike has vapourised from 0.4% only a week earlier. The Fed's forward guidance in its May meeting declares: "In determining the timing and size of future adjustments to the target range for the Federal funds rate, the Committee ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... this month - the Fed, ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before, but didn't). "At its meeting ending on 20 June 2018, the MPC ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... would be adjusted accordingly. Such is the case for the UK and the Bank of England (BOE). A few months before its 10 May meeting, the British central bank signalled that another small increase in interest rates is nigh, sparking speculations that it ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... weeks before the Fed's FOMC meeting. Speculators speculating the Fed will keep the fed funds rate unchanged at its 1-2 May meeting would take comfort that their guess is correct for apart from the fact that the US central bank lifted the fed funds rate ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
... funds rate from 0.75%-1.0% to 1.0%-1.25% next month have already risen to more than 83% after the minutes of the 2-3 May meeting was released three weeks after. Chances are they've risen even more following the recent upward revision to US GDP growth. ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account of the available information, and having eased monetary policy at its May meeting, the Board judged that holding ...

Market wrap

AAP  |  FRIDAY, 1 MAY 2015
... banks are also firmer after a media report suggested the Reserve Bank was now likely to cut interest rates at its May meeting on Tuesday next week, which also boosted financial market pricing for some monetary policy easing. "Again once, we've got that ...

The Big Benny sings

BENJAMIN ONG  |  THURSDAY, 20 JUN 2013
... Ben Bernanke sang on the 22nd of May. The June FOMC statement was practically a rehash of the one released after the May meeting...except for very few very minor tweaks. See for yourself here: http://blogs.wsj.com/economics/2013/06/19/parsing-the-fed-how-the-statement-changed-31/ ...

On austerity, growth and expectations

BENJAMIN ONG  |  MONDAY, 29 APR 2013
... Eurozone. And the week after this, our own RBA takes the stage. While markets don't anticipate any rate cut at the RBA's May meeting, the Credit Suisse interest rate expectations index says that they now expect not one but two 25 bps nips at the official ...

Surging dollar prompts mixed views on fall-out

SUZY MAC  |  THURSDAY, 19 APR 2007
... speculation remains strong that the RBA will raise domestic interest rates in coming months, timed possibly as soon as it s May meeting.
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