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Showing 451 - 460 of 1449 results for "Monetary Policy"

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... points to 0.75% at its next meeting on August 3. The reason is the vote count. Three members (against six) of the Monetary Policy Council (MPC) voted to raise the Bank Rate at its June meet as against only two when it convened in May and nil in March. ...

Chief economist update: ECB cannot be any clearer

BENJAMIN ONG  |  FRIDAY, 15 JUN 2018
... roadmap of its streets, highways and by-ways (including unexpected potholes): "First, as regards non-standard monetary policy measures, the Governing Council will continue to make net purchases under the asset purchase programme (APP) at the current ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... "some forward indicators of employment have been firming this year." Therefore, "In the board's judgement, monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. On present ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... don't expect any movement from the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on record that the next move in interest rates ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... who feel they'll be worse off dropped from 50% to 25%. Lastly, not only is fiscal policy being loosened but monetary policy remains accommodative with the Reserve Bank of Australia (RBA) not expected to raise interest rates until sometime next year. ...

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
... continued to justify caution and underlined the need to maintain patience, persistence and prudence with regard to monetary policy." The emerging political uncertainty in two of its bigger economies - Italy and Spain - suggests that the ECB might need ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... interest rates cause inflation is a worry in itself but worry more about his pledge to take greater control of monetary policy if he wins re-election at the June 24 poll. Sure, his low interest rate policy has produced an economy that is growing faster ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... 1.5%-1.75% to 1.75%-2%. More so, given the Fed participants observation of the US economy: "In their discussion of monetary policy for the period ahead, members judged that information received since the Committee met in March indicated that the labor ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... while other major world central banks keep their own policy settings unchanged at relatively low settings. The monetary policy backdrop was spot on but the US dollar weakened. This is because the strengthening economic momentum in America's counterparts ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... - he assumed office on March 27 (five days after the central bank's 22 March meet) - but New Zealand's monetary policy settings remained unchanged since the last 25 basis point reduction in the official cash rate from 2% to 1.75% way back in ...