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Showing 401 - 410 of 1457 results for "Monetary Policy"

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... conference in Frankfurt on March 27, he concluded his speech emphasising that, "... the ECB will adopt all the monetary policy actions that are necessary and proportionate to achieve its objective. We are not short of instruments to deliver on our mandate". ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
The just-released "Summary of Opinions at the Monetary Policy Meeting on March 14 and 15, 2019" contained the same optimism that the Bank of Japan (BOJ) had been telling us and itself for as long as I can remember. The same rose-tinted outlook on growth. ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... as America has only recently been experiencing the lagged effects of the Fed's actions towards normalising monetary policy, this just in go slower approach should provide a floor on further weakness in economic activity going forward. Not only this ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... - Japan - have all been but ignored. In case you failed to notice, the Bank of Japan (BOJ) concluded a two-day monetary policy meeting not long ago - 14-15 March. Don't worry, you haven't missed much (or anything). Monetary policy remains unchanged ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... the USD (down by 10% in 2018) and in trade weighted terms (down by 6.5%). This, in other words, is a de facto monetary policy easing. Just think of the all the good a lower exchange rate does for the Australian economy - exports more competitive in the ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... fiscal authorities. The US Federal Reserve started reversal proceedings by announcing a pause in its quest to bring monetary policy back to normality, punctuated by NY Fed president John Williams' recent comment that the Fed funds rate is now at ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... economy to grow by around 3% this year." Note: It cut its 2020 growth forecast to 2.75% from 3.25% in the February Monetary Policy Statement. However, the labour market is generally considered a lagging indicator and given the on-going weakening in business ...

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' ...