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Showing 31 - 40 of 273 results for %22Monetary Policy Committee%22

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... pandemic. Perhaps, this is because it was overshadowed by the almost simultaneous reports of the Fed's change in monetary policy strategy and Japanese Prime Minister Shinzo Abe's resignation (due to ill health). One thing's certain, the general ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... activity. "Substantial fiscal policy measures-both enacted and anticipated-along with appreciable support from monetary policy and the Federal Reserve's liquidity and lending facilities were expected to continue bolstering the economic recovery ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - the targets for the official cash rate at 0.25% and the yield on three-year Australian government bonds ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... there has been an unprecedented policy response. "On the economic front, there has been very close coordination between monetary and fiscal policy, as there should be at times like this," Lowe said. "As part of the RBA's contribution to dealing with ...

Wells Fargo coughs up $4.5 billion

ALLY SELBY  |  MONDAY, 24 FEB 2020
... Carolina, Andrew Murray, said the settlement with Wells Fargo goes far beyond the "cost of doing business". "The $3 billion monetary penalty imposed on the bank.... [is] appropriate given the staggering size, scope and duration of Wells Fargo's illicit ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... Congress' Financial Services Committee, he reiterated that, although "not on a preset course... the current stance of monetary policy will likely remain appropriate". This is because while "business investment and exports were weak, largely reflecting ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee meeting at the helm of the British central bank. The BOE kept monetary policy unchanged, as widely expected, right on the eve ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... 3/4 per cent this year and 3 per cent over 2021". "This expected pick-up in growth is supported by accommodative monetary policy, a new expansion phase in the resources sector, stronger consumer spending and a recovery in dwelling investment later this ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... market expectations, this would be an appropriate sign on the Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided to maintain the target range ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... "[Stablecoins] raise significant legal and regulatory risks, including to consumer/investor protection, data privacy, monetary policy, and financial stability," the RBA said. "Accordingly... private sector global stablecoin initiatives should not be ...