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Showing 411 - 420 of 1449 results for "Monetary Policy"

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
"Our tightenings or loosenings of monetary policy are determined by the inflation outlook. If the economy wants to grow faster than it currently is, and inflation is not showing any tendency to rise to the point where it could threaten our medium-term ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... size and composition of its balance sheet, if future economic conditions were to warrant a more accommodative monetary policy than can be achieved solely by reducing the federal funds rate." Just when I thought that old Wall Street rule of thumb, "three ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... planet - means zilch given Trump's unpredictability. Case in point, the Fed was on its way towards normalising monetary policy aided by Trump's tax cuts and infrastructure spending that, in turn, was expected to bump up global growth and support ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... markets were awash with speculation the Bank of Japan (BOJ) would follow the Fed's lead and start implementing a monetary policy exit strategy. Speculations started to gain prominence as early as January 2018, when the Japanese central bank "reduced ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... year to December - led by an 8.9% drop in Sydney and a 7% fall in Melbourne. Still, in its November 2018 'Monetary Policy Statement', the RBA remained relatively sanguine about it. "The easing of housing prices in Sydney and Melbourne reflects ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... flexible". These are the two words the US Federal Reserve has us mulling over with regards to the conduct of its monetary policy over the course of 2019. How patient and flexible? The CME FedWatch Tool puts the probability of the fed funds rate remaining ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... longer-run neutral interest rate". All well and good but where to now brown cow? "With regard to the outlook for monetary policy beyond this meeting... participants expressed that recent developments, including the volatility in financial markets and ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... cut rates. First, some global context. US Federal Reserve has hinted that it will be more dovish with regards to monetary policy from gradual and gentle rate hikes to using "...all of its tools to support the economy should that be appropriate to keep ...

Chief economist update: The clown in the White House

BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
... with his tariffs and war on trade against the world, The Fed could instead postpone its move towards normalising monetary policy.

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... evolution of the economy into one indicator. The authors found that a change in the yield-curve slope, thanks to monetary policy easing measured by real-interest rates and its expected movement, is associated with an increase in the probability of a ...