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Showing 541 - 550 of 2498 results for "Central Bank"

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... normalising monetary policy to cutting the fed funds rate this year while maintaining interest rate settings, the European Central Bank (ECB) embarked on TLTRO III and re-started QE, China boosted both monetary and fiscal policies, the Bank of England ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
It may not seem like it, but crude oil prices appear on track to finish 2019 around 30% higher. This year to date, WTI oil has risen by 33.4% to US$60.21 per barrel while the price of Brent oil has rallied by 29.2%. To be sure, new production cuts that ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... growth eased to 6.9% from 7.4%. However, note that these green shoots were fertilised and watered by government and central bank stimulus packages. Recall that on November 18, the People's Bank of China (PBOC) cut its seven-day reverse repo rate ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
"Christmas, Christmas time is near, Time for toys and time for cheer..." - Alvin & the Chipmunks I can almost hear those little chipmunk voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
As expected, the European Central Bank (ECB) kept monetary policy settings unchanged at its 12 December Governing Council meeting. "...the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... chief investment officer at Jamieson Coote Bonds - wherein she muses that: "The Riksbank will probably be the first central bank in Europe to exit a negative policy rate, which has fostered political and social discontent -and ever deeper negative rate ...

Chief economist update: Chinese green shoots?

BENJAMIN ONG  |  MONDAY, 2 DEC 2019
... from 60.7 in October. Are we seeing green shoots in the Chinese economy, fertilised and watered by government and central bank stimulus packages? Recall that on November 18, the People's Bank of China (PBOC) cut its seven-day reverse repo rate from ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
Apart from underwriting improved growth in the Japanese economy, the yen's depreciation should help in the Bank of Japan's (BOJ) efforts to bring inflation up to its 2% target. Look ma, no hands! "Merkurisumasu, soshite, akemashite omedet?!" ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... economics vernacular, this is known as the 'Taylor Rule' - a monetary-policy rule that stipulates how much the central bank should change the nominal interest rate in response to changes in inflation, output, or other economic conditions. Applying ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... rolls on, we could find the OECD upgrading Australia's growth forecast in line with the RBA or the Australian central bank coming down to the OECD's estimates, or both could be wide off the mark. But one thing both institutions agree on is the ...