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Showing 551 - 560 of 1453 results for "Monetary Policy"

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... optimism over the international and domestic economy, it told us so - in black and white - in its 4 July Statement of Monetary Policy. But the minutes of that meeting indicate that it was more optimistic than the optimism it relayed in the short statement. ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... "the output gap is now projected to close around the end of 2017, earlier than the Bank anticipated in its April Monetary Policy Report (MPR)" - when it predicted the output gap to close in the first half of 2018. Reason perhaps why the BOC is not taking ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... distance to achieving 2% inflation, so it's inappropriate to say now specifically how we will exit our ultra-loose monetary policy and how that could affect the BOJ's financial health. Laying out specific simulations now would only create confusion. ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... following its quarterly meeting, Xinhua news agency recently reported the PBOC's commitment to "prudent and neutral monetary policy" as well as its aim to "accelerate financial reforms to improve the financial sector's efficiency". The PBOC will also ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... from 2.5%) have been accelerating. At face value, these stats indicate that there's no more trade-off, the BOE's monetary policy committee (MPC) should raise interest rates now. However, as Gertjan Vlieghe - MPC external member - said in his interview ...

Australian property love affair cannot please everyone

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... However, longer-term investors who monitor credit activity will have a greater understanding of the direction of monetary policy and its consequent impact on various investment assets.

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... continued progress in macro- dynamics and therefore, the outlook. The RBA, the ECB, the BOJ and the BOE all kept monetary policy unchanged at their latest meetings, as expected. The US Federal Reserve lifted the fed funds rate from 0.75% -1.0% to 1.0% ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
... like the Fed and the ECB and most other central banks engaged in non-conventional policies, wants to get their monetary policy settings back to normal. But unlike the Fed, Japan's economic fundamentals suggest that now is not yet the time. More so given ...

Better, but not good enough

BENJAMIN ONG  |  THURSDAY, 8 JUN 2017
... highlighted the financial risk from elevated and rising credit growth and house prices and interest rate gaps - monetary policy divergence between the US and the Eurozone and Japan. "Closing this policy-path gap will likely engender higher financial ...