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Showing 31 - 40 of 121 results for "Asset purchases"

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... 0.25% and the deposit facility rate at -0.4% - while at the same time reiterating the reduction of its monthly asset purchases from the current €30 billion (until the end of this month) to €15 billion from October to December 2018, and will then ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
... (-0.4%) and marginal lending facility (0.25%) - and repeated what it already said in June - that its monthly net asset purchases of €30 billion would run until September this year before being tapered to €15 billion thereafter, until the end of 2018. ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... 2011 to 1.25% in May and 1.5% in July of the same year. It's now lower - 0% - and that's with a lot of asset purchases to boot. "Beware lest you lose the substance by grasping at the shadow." Aesop Ben Ong is the Director of Economics and Investments ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
... (ECB)'s kept policy unchanged at its June meeting, also as expected. However, it announced it's halving its net asset purchases from €30 billion a month through to September to €15 billion from October to December, and interest rates could ...

Chief economist update: ECB cannot be any clearer

BENJAMIN ONG  |  FRIDAY, 15 JUN 2018
... incoming data confirming the Governing Council's medium-term inflation outlook, the monthly pace of the net asset purchases will be reduced to €15 billion until the end of December 2018 and that net purchases will then end. "Second, the Governing ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
... 0.30%, respectively. "Regarding non-standard monetary policy measures, the Governing Council confirms that the net asset purchases, at the current monthly pace of €30 billion, are intended to run until the end of September 2018, or beyond, if necessary ...

Chief economist update: The key to ECB taper

BENJAMIN ONG  |  TUESDAY, 27 FEB 2018
... conditional on an ample degree of monetary stimulus provided by the full set of our monetary policy measures: our net asset purchases, the sizeable stock of acquired assets and the forthcoming reinvestments, and our forward guidance on policy interest ...

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
... it kept monetary policy settings as they were in 2017 - interest rate at -0.1%; 10-year JGBs at around 0%; and, asset purchases at annual pace of about ¥80 trillion. With so much liquidity sloshing around the system, the Nikkei-225 index jumped 1.3% ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... 40-year JGBs by ¥10 billion each. And then, there's the European Central Bank (ECB) which is scheduled to halve its asset purchases from €60 billion to €30 billion starting this month. But if the World Bank's (WB) recently-released 'Global Economic ...

Japan on reverse cycle?

BENJAMIN ONG  |  TUESDAY, 21 NOV 2017
... (30-31 October), the BOJ kept policy unchanged - interest rate at -0.1%; 10-year JGB yield target at around 0% and asset purchases at an annual pace of ¥80 trillion - and promised that the bank will continue with "Quantitative and Qualitative Monetary ...