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Showing 441 - 450 of 1453 results for "Monetary Policy"

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 ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... to talk about at his address to Anika Foundation Luncheon in Sydney the day after. Of course, Lowe spoke about monetary policy but he would have put the attendees to sleep with his nth reiteration of "...we see reasonable prospects that the economy will ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... itsy-bitsy-teenie-weenie increase in borrowing costs which at the same time allows the Australian central bank to normalise monetary policy and rebuild its firepower to fight the next downturn. If memory serves me right, the when of this next rate hike ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... finally went ahead and did it. It lifted the Bank Rate by 25 basis points to 0.75% at the conclusion of its August Monetary Policy Council (MPC) meeting. To be sure, the British central bank had been itching to do so back in May. Despite the slowdown ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... it was in late 2017/early 2018, the Bank of Japan (BOJ) once more hosed down recent speculations of a tweak in monetary policy towards an (early) exit. Sure, the Japanese central bank tweaked policy, but in the opposite direction. At the conclusion of ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... Financial markets could have a brand new worry (or not) depending on the outcome of the Bank of Japan's (BOJ) monetary policy meeting that's due to conclude this day. The 30-31 July meeting is particularly significant given last week's flare-up ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... Japan (BOJ) or rather speculations (again) that it's discussing possible changes to its looser-than-loose monetary policy. There are so many combinations and permutations as to what the BOJ would do but perhaps the more remarkable is the speculation ...