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

Search Results

Showing 21 - 30 of 369 results for "taper"

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
All talk and still no taper (yet). Along with the declaration of "mission accomplished" in the planet's war against the COVID-19 pandemic, the Fed's annual Kansas City Fed's Jackson Hole symposium is the most widely anticipated event of ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
The continued spread of the Delta variant in most parts of the world - even in New Zealand despite being locked down after only one case - and reduced vaccine efficacy - as demonstrated by the rise in infections in Israel (one of the very first country ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
The Delta variant outbreak continues to dominate headlines in Australia. Cases of infections in the states of Victoria and South Australia were brought under control and restrictions eased. However, the outbreak in Greater Sydney continued to worsened ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... eased. Having said that, it's looking likely that Sydney's lockdowns will be extended. The RBA explained its QE taper thus: "The bond purchase program is playing an important role in supporting the Australian economy. The bank will continue to ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
Australia's state of Victoria is back in lockdown. So are Victorians' irritation and anger at having their lives and livelihood restricted for the fourth time since the coronavirus began early last year. So are estimates of the cost to the state ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
Australia's economy, just like its US and European counterparts, is progressing nicely, thank you very much. "Australian private sector growth eases from record but remains elevated," sums up Markit Economics' findings for the month of May. ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... Treasury Inflation-Protected Securities (TIPS) have rising. They're now at levels higher than the Fed's first QE taper in 2013, its rate hike campaign between 2017 and 2019 and when then Fed chair Janet Yellen announced the first interest rate ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... that "this operational decision should not be interpreted as a change in the stance of monetary policy". Don't call it taper. Taper or "slowed somewhat", the BOE's announcement is backed by its sharp upgrade to the country's economic outlook ...