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Showing 431 - 440 of 1449 results for "Monetary Policy"

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... 25-26 September meeting, revealing that it's full speed ahead for the Fed. "With regard to the outlook for monetary policy beyond this meeting, participants generally anticipated that further gradual increases in the target range for the federal ...

Chief economist update: US bond yield jump made FTSE slump

BENJAMIN ONG  |  FRIDAY, 5 OCT 2018
... 100 index fell by 0.4% on September 13 - the day when the Bank of England (BOE) met and announced no change in monetary policy settings, keeping the bank rate at 0.75% (after the 25bps lift in August). While the BOE's move was widely expected, the ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... the growth outlook remain" and stated, "Our projection for the New Zealand economy, as detailed in the August Monetary Policy Statement, is little changed." The RBNZ predicts GDP growth of 2.7% this year and 2.6% in 2019 before accelerating to 3.4% in ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... changed, on balance." In addition to this, investors were encouraged by the removal of the phrase, "The stance of monetary policy remains accommodative..." which implied US interest rates have hit their neutral levels - i.e. the level at which interest ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... equity market has also benefitted from recent developments pointing to continued stability --in government and monetary policy. Japanese Prime Minister Shinzo Abe's victory in the just-concluded ruling party leadership vote indicates the continued progression ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... appears to have done nothing significant for the yen and the Nikkei-225 so far. At the conclusion of its July 30-31 monetary policy meeting - where it kept current monetary policy settings unchanged - the BOJ announced: "With a view to persistently continuing ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... guidance that it would be raising the fed funds rate three times in 2018 was positively-named normalisation of monetary policy. All was well. Until Trump taketh what he earlier giveth, announcing a 25% tariff on foreign steel and a 10% tariff on foreign ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... Erdogan's erroneous economic thinking - that high interest rates cause inflation - and his pledge to take greater of monetary policy if he wins re-election at the June 24 poll. He was re-elected, and dive deeper the lira went. The TCMB has already ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... are betting that the next move in the OCR could be down rather than up. This is because as printed in the August Monetary Policy Statement: "The decline in GDP growth over the past year suggests momentum in the economy may have eased." Factset data shows ...