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Showing 561 - 570 of 3072 results for "Benjamin"

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
It appears nothing is normal with the Fed's march toward normalising monetary policy. Not only has it stopped in its tracks, the White House wants it to go in reverse. Cue US President Trump's latest "advice" to the Fed: "In terms of quantitative ...

Chief economist update: Aussie property price falls become self-fulfilling

BENJAMIN ONG  |  MONDAY, 8 APR 2019
"It's in a delicate situation. In terms of general direction, we're not surprised [prices have fallen]... That said, [the] downturn has been a bit bigger." These were the Australian Financial Review's (AFR) quotable quotes from its exclusive ...

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
Super Mario's back to doing whatever it takes. When European Central Bank (ECB) president Mario Draghi spoke at 'The ECB and Its Watchers XX' conference in Frankfurt on March 27, he concluded his speech emphasising that, "... the ECB will ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
When its monetary policy committee met on 21 March and voted unanimously to keep the Bank Rate unchanged at 0.75 and maintain bond purchases at £435 billion, the Bank of England (BOE) declared its future actions would largely depend on Brexit. "The ...

Chief economist update: Rosy assumptions a Budget surplus make

BENJAMIN ONG  |  WEDNESDAY, 3 APR 2019
"The Budget is back in the black and Australia is back on track." That's how Federal Treasurer Josh Frydenberg opened his Budget 2019-20 speech delivered last night. Well, technically we all will have to wait until next fiscal year for the underlying ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
If you want a poster boy to that old saying that, "a stitch in time saves nine" China is it. Latest data show that China's manufacturing sector is back in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
If the Reserve Bank of Australia's (RBA) very own Financial Aggregates report - released on March 29 - doesn't convince the board to switch from its current "neutral stance" to an interest rate cut very, very soon, by the time it does - and ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
When I was an economics student, I never much cared about economic history. What good does economic history offer? The agricultural revolution gave way to the revolution in industry and now... the tech revolt. Surely, things and the way of doing things ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
Could it be? Could it be that Dallas Fred President Robert Kaplan has been reading my daily rants? That would be too presumptuous of moi but Factset's report that "Dallas Fed President Kaplan (nonvoter) told the WSJ the recent yield-curve inversion ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
The just-released "Summary of Opinions at the Monetary Policy Meeting on March 14 and 15, 2019" contained the same optimism that the Bank of Japan (BOJ) had been telling us and itself for as long as I can remember. The same rose-tinted outlook on growth. ...