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Showing 521 - 530 of 1449 results for "Monetary Policy"

Japanese sun rises

BENJAMIN ONG  |  TUESDAY, 17 OCT 2017
... will win the 22 October general elections and hence, the continuation of "Abenomics" - the program of very loose monetary policy, fiscal largesse and structural reforms. No one could argue with this for it was Abe san's victory nearly five years ago ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... US consumer price inflation. Financial market participants keenly awaited its release for clues on future Fed monetary policy direction...or so the headlines say. I say what the? Because of several reasons: 1. The September CPI inflation numbers are ...

ECB exit: 2018 or 2021?

BENJAMIN ONG  |  WEDNESDAY, 11 OCT 2017
... achieved its objective. And in my view, this time has come. We need to discuss how to exit from our unconventional monetary policy, and then we need to do it. My opinion is clear: we should begin to scale back our bond purchases at the beginning of next ...

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
... expected the move and followed the RBI's 25 basis point reductions in the repo and reverse repo rates at its 2 August monetary policy committee (MPC) meeting. Not surprisingly, the RBI admitted that the introduction of the GST in July have had a negative ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... surpass the August 2013 to January 2015 period when the OCR was kept on ice at 2.5% for 18 months. Then again, monetary policy doesn't depend on calendar counts...but I digress. As is standard practice, the RBA released a statement explaining its decision. ...

As clear as it gets

BENJAMIN ONG  |  WEDNESDAY, 27 SEP 2017
... Economics in Cleveland, Ohio proved why she's chair of the US Federal Reserve. Discussing "Inflation, Uncertainty, and Monetary Policy" she brought all these differing Fed officials' opinions together. "Although we judge that inflation will most likely ...

Transparency to the max

BENJAMIN ONG  |  MONDAY, 25 SEP 2017
... only this. In cases when financial markets misunderstand or misinterpret a central bank officials' speech or a monetary policy statement, another official is quickly dispatched to correct the markets' misinterpretation. For sure, nobody can "forward ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
They were just hours apart but the US Federal Reserve and the Bank of Japan's monetary policy decisions were as wide as their geographic locations, perhaps wider. While both central banks kept existing policies unchanged at their September meetings ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... that have lowered inflation are likely to prove persistent" and if they do "it would require an alteration of monetary policy." This brings me way back to the "Taylor Rule". For quick reference, here's Wikipedia's definition (yes, yes I know): "In economics ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...