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Showing 541 - 550 of 1453 results for "Monetary Policy"

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 ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
... negative. In simple terms, wages are growing by less than the increase in consumer prices. The RBA's 'Statement on Monetary Policy August 2017' report already touched on the dangers of this for the Australian economy: "Ongoing expectations for low real ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... demand to pull consumer prices up. A dynamic not lost on the Australian central bank. In its August 'Statement on Monetary Policy', the RBA stated: "expectations for low real wage growth remain a key downside risk for household spending." Not only this ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... likely to become necessary if the trade-off facing the MPC continues to lessen..." The BOE's announced no change in monetary policy at its 3 August meeting -- - the first since Carney made the statement in late June. The British central bank's monetary ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... evolving broadly as expected. The Bank's forecasts are little changed from those published in the May Statement on Monetary Policy. The economy is expected to grow at an annual rate of around 3% over the next couple of years, which is a bit higher than ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
... reverse repo rate to 5.75% (reversing the 25 bps hike announced only four months before) - following its 2 August Monetary policy committee (MPC) meeting. Financial markets widely expected the decision given India's deteriorating growth and inflation ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... report provided clues as to the RBA's thinking with regards to inflation, and therefore, the near-term direction of monetary policy. Governor Lowe discussed and tried to explain in detail why stronger labour markets - in Australia and the world - aren't ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
... rise by much. Debelle also revealed the RBA's displeasure at the Australian dollar's ascent. "...while an easier monetary policy elsewhere in the world should lead to faster growth in the world economy, which is good for the Australian economy, an appreciating ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... market data had removed some of the downside risk in the Bank's forecast of wage growth." In its May 'Statement on Monetary Policy', the RBA said "Wage growth is expected to remain at around its current rate over the next year..." That current rate is ...