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Showing 411 - 420 of 2465 results for "Monetary"

CSIRO contractor in crypto scam

ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
... AFP found he had used CSIRO technology to mine an estimated $9400 in cryptocurrency. It was calculated that the minimum monetary impairment of the CSIRO supercomputers equated to $76,000. On Friday he was sentenced to 15 months' imprisonment to be served ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... "state of emergency" on May 25 - a month and a bit after it was put in place on April 16. This, along with fiscal and monetary policy support, has allowed the economy to slowly recover. Latest indicators show that Japan's past its worst - i.e. the ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... this year. While the PBOC remains on alert, recent activity stats are easing pressure on both China's fiscal and monetary authorities. The annual growth in Chinese retail spending is back in the black, up by 0.5% in the year to August after spending ...

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... Australia were strong, which allowed for the provision of continued support. They considered it likely that fiscal and monetary support would be required for some time given the outlook for the economy and the labour market. The board said it remains ...

Chief economist update: Prime Minister Suga

BENJAMIN ONG  |  TUESDAY, 15 SEP 2020
... days) in history. Prime Minister Abe is credited with "Abenomics" - coined for his "three arrows" strategy: accommodative monetary policy aimed at achieving the Bank of Japan's (BOJ) 2% inflation target; increased fiscal spending aimed at raising ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... provisions of the federal securities laws. "The complaint seeks injunctive relief, disgorgement of ill-gotten gains, and civil monetary penalties, as well as an officer-and-director bar against Felton," the SEC said. The US Attorney's office for ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... since February". Yes Virginia, the re-opening and easing of restrictions in much of the globe, along with fiscal and monetary support, has helped. However, the fat lady hasn't sung yet. Europe is now on the brink of a second wave and infections and ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... two metres to one "to allow businesses to be able to reopen". The relaxation of restrictions in the UK (and aided by monetary and fiscal stimulus measures) -- like in most other nations around the world - sparked a recovery in economic activity, underscored ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
... is required," the latest forward guidance added a phrase in the closing paragraph that it is considering "how further monetary measures could support the recovery". This implies the RBA may have become concerned that Australia's second wave - which ...