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Showing 531 - 540 of 1451 results for "Monetary policy"

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 ...

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
... market consciousness this week. The Federal Open Market Committee (FOMC) will start their two-day deliberations on monetary policy starting tonight while we sleep. Chances are they'll do nothing on policy this month and at their next meeting on 31 October ...

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
... euro - at 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 ...

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
... slower pick-up in economic activity and inflation than currently forecast." This followed August's 'Statement on Monetary Policy' where the RBA noted that: "It is possible that the Australian dollar could appreciate further, which if sustained, would ...

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 ...

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
... 0.75% - as having taken the markets by surprise. Most were expecting the Canadian central bank to stand pat on monetary policy. But 20/20 hindsight vision makes it clear the BOC needed to follow-up the 25 basis point hike on 12 July with another. This ...

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 ...

Wage freeze

BENJAMIN ONG  |  THURSDAY, 17 AUG 2017
... getting it, it's also getting the RBA further away towards achieving its inflation forecasts. In its 'Statement on Monetary Policy' (released early this month), the RBA predicted underlying inflation to "reach around 2% over the second half of 2017 and ...

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
... thing stood out when the Reserve Banks of India (RBI), Australia (RBA) and New Zealand (RBNZ) conducted their monetary policy meetings in August, and that is... they all want a lower exchange rate (please sir). Both the RBA and the RBNZ kept interest ...