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Showing 391 - 400 of 1045 results for "Governor"

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... target future inflation by anticipating future deviations from target." These were the words of Bank of Canada (BOC) governor Stephen Poloz that helped justify the Canadian central bank's decision to lift interest rates by 25 basis points to 0.75% on ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... excess capacity is absorbed, the Bank expects inflation to return to close to 2%t by the middle of 2018." Moreover, as BOC governor Poloz explained: "It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full ...

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... or lower tomorrow than today at best - dampening growth and putting greater downward pressure on prices. All up, RBA governor Philip Lowe is correct in saying that, "there is no longer an expectation of additional monetary easing in other major economies" ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... bps and UK gilts up 28 bps - Japanese JGBs of the same maturity increased by a mere four bps over the same period. BOJ Governor Haruhiko Kuroda's silence may have helped. The last time Kuroda spoke was after the Japanese central bank's 15-16 June meeting. ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... markets couldn't be faulted for bringing forward their expectations for policy normalisation in the UK especially after Governor Mark Carney's remarks at the European Central Bank Forum in Portugal. The one where Carney declared that, "Some removal of ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... done their job" and that excess slack in Canadian economy is being absorbed "steadily" at current pace of growth. BOE governor Carney rounded up the central bank-speak, saying that some removal of the stimulus is likely to become necessary if the trade-off ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
... decision that's become supportive of the on-going resilience of the British economy to Brexit uncertainties. Despite BOE governor Mark Carney warning only last February of the "twists and turns" heading into Brexit - almost immediately proved true in ...

Japan rides the virtuous cycle

BENJAMIN ONG  |  THURSDAY, 11 MAY 2017
... inflation in the year to March, at 0.2% (headline) and 0.2% (core), they remained way below the BOJ's 2.0% target and as BOJ governor Kuroda himself admits, achieving this is a long way off.

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... optimistic outlook for this land down under. When the RBA released its monetary policy decision last week - unchanged policy - governor Philip Lowe painted a pretty picture of the global and domestic economies. "There has been a broad-based pick-up in ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
... been the central bank's major source of concern in recent times. Concern that was spelt out last month by RBA Assistant Governor (Financial System) Michele Bullock when she warned of the property market becoming a trigger for financial stability in Australia. ...