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Showing 31 - 40 of 372 results for "Taper"

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
Simply stunning! "The April survey result is simply stunning - with many variables reaching survey highs. Conditions reset last month's high, driven by further gains across trading conditions, profitability and employment. Confidence has also set ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... Treasury Inflation-Protected Securities (TIPS) have rising. They're now at levels higher than the Fed's first QE taper in 2013, its rate hike campaign between 2017 and 2019 and when then Fed chair Janet Yellen announced the first interest rate ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... that "this operational decision should not be interpreted as a change in the stance of monetary policy". Don't call it taper. Taper or "slowed somewhat", the BOE's announcement is backed by its sharp upgrade to the country's economic outlook ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... purchases under the government bond purchase program in September." July is the month when the RBA decides to maintain QE or taper QE or increase QE. RBA governor Philip Lowe's statement gives us a wink and a nod: "Despite the strong recovery in ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
Just when we thought Federal Reserve chair Jerome Powell has tapered sooner-than-later taper expectations, along comes Robert Steven Kaplan -- president and chief executive of the Federal Reserve Bank of Dallas. While the US Federal Reserve was waxing ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
The financial adviser population has reverted to the pre-financial services Royal Commission days, ending at 20,667 in the first quarter of 2021. Rainmaker analysis of ASIC's Financial Adviser Register found that the total number of financial advisers ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
... growth - so much so that the Bank of Canada (BOC) even made headlines as it became the first central bank in the world to taper - the surge in vaccinations in Europe while at the same time ignoring the resurgence and spikes in infections in India, Japan ...

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... preferring to wait for days better than the optimistic ones they anticipate. Not the Bank of Canada (BOC). It decided to taper QE at the conclusion of its April 21 meeting, to wit: "The Bank of Canada today held its target for the overnight rate at the ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... currently at their highest levels since 2013, sending US bond yields higher. Then again, the Fed was able to contain the taper tantrum of 2013 by keeping to its promise to keep interest rates low - it kept the fed funds rate unchanged at 0.25% for another ...