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Showing 401 - 410 of 1449 results for "Monetary Policy"

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... and the Bank of Japan (BOJ); and, hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary policy would be appropriate"); Bank of Canada ("interest rates to its neutral range 2.5% -3.5%); and the Reserve Bank of Australia ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... $2.9 million." RBA rate cut here we come. According to the AFR, "Ten forecasters challenge the RBA's neutral monetary policy bias", with all now expecting one (or two) 25 basis point rate cuts this year. They've now come around to Financial Standard' ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... thinking what I'm thinking? Yes, Virginia, something's amiss, and that's despite the changes in relative monetary policy expectations - the Fed's on hold this year and the RBA will cut interest rates (maybe two according to Westpac) this ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... US Federal Reserve has reached neutral - the "neutral interest rate" level, that is - the Goldilocks state of monetary policy where it is neither accommodative nor restrictive. If I remember correctly, the Fed's last published estimate of the "neutral ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... as explained by Governor Adrian Orr - to keep the official cash rate unchanged at 1.75% after its February 13 monetary policy deliberations. That's A-OK. Financial markets were expecting just that. However, financial markets' didn't expect ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
When the Bank of England (BOE) decided to keep monetary policy settings unchanged following its February 7 monetary policy committee meeting, it acknowledged in its statement that: "UK economic growth slowed in late 2018 and appears to have weakened ...

Equity investors will struggle in 2019: Baur

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... returns that lasted from 2009 to the beginning of 2018. The huge stock market rally is simply an extension of monetary policy, he said. Because interest rates have been suppressed by central banks for some time, earnings were calculated at low discount ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... finally been vindicated by RBA Governor Philip Lowe's change of heart with regards to guidance on Australian monetary policy. The next move in "interest rates is likely to be up rather than down" is no more! In his address to the National Press Club ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... likely to be gradual. Taking account of the available information, the board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over ...