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Showing 31 - 40 of 99 results for %22Monetary Policy Council%22

Chief economist update: The key to ECB taper

BENJAMIN ONG  |  TUESDAY, 27 FEB 2018
... "Looking ahead, we anticipate that headline inflation will resume its gradual upward adjustment, supported by our monetary policy measures. At the same time, uncertainties continue to prevail. In particular, the recent volatility in financial markets ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... January meeting revealing that the Governing Council deemed it premature to change even its communication regarding monetary policy and that any change in "communication" would be gradual and "data dependent - i.e. inflation continuing to improve towards ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
While none expected a change in monetary policy, not a few anticipated ECB president Mario Draghi to deliver a less dovish message (at the very least) after the European Central Bank's first governing council meeting for 2018. Perhaps, the underlying ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... inflation at 1.5% in 2017, 1.4% in 2018, 1.5% in 2019 and 1.7% in 2020. As the ECB stressed in its December 2017 monetary policy statement: "Signals that could trigger an unwarranted tightening of financial conditions needed to be avoided, as they could ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... what it said it would do -- it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised its key overnight benchmark ...

Ex-RBA Governor joins Macquarie

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
... professional economist, Stevens is credited with developing Australia's successful inflation targeting framework for monetary policy, in addition to influencing central banking internationally. In welcoming Stevens, Macquarie Group and Macquarie Bank ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... "coming months" could turn out to be coming "month". That's on 2 November when the British central bank's monetary policy council next meets. Its twin mandate - full employment and stable inflation - dictates so. The UK's unemployment rate dropped to ...

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
... the close of last week's trading. And no, it's not because of what the Bank of England (BOE) did at the monetary policy council's 14 September meeting - it kept policy unchanged as expected - but what it told markets it's about to do that sent the British ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
... to it by commenting that "the repricing of the exchange rate has received some attention." While the ECB kept monetary policy unchanged following last night's meeting, it did mention the euro in its monetary policy statement: "Compared with the June ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
... of 2026.16 points and hitting a record high 2451.33 points on 24 July this year. The clincher: in its 31 August monetary policy statement - where it kept interest rates unchanged for the 12 straight meeting at a record low 1.25% - the Bank of Korea's ...