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Showing 631 - 640 of 3593 results for "Central"

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... single-currency region's fiscal and monetary policy support would remain in place. This comes four days after the European Central Bank convened on the 10th of June and decided to maintain the status quo - keeping the interest rates unchanged on ...

State Street launches dedicated crypto, blockchain business

JAMIE WILLIAMSON  |  FRIDAY, 11 JUN 2021
... lead it. State Street Digital builds on State Street's existing digital capabilities, expanded to include cryptocurrency, central bank digital currency, blockchain and tokenisation. The new business will be led by Nadine Chakar, currently head of global ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
Inflation? What inflation? We need inflation. While many, if not most, of its central bank peers - led by the Fed -- are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... of zero per cent on Exchange Settlement balances". Financial markets expected as much. This is because the Australian central bank has already provided forward guidance at its May meeting that July is the month to watch out for. "At its July meeting ...

Chief economist update: OECD upgrades global growth but advises continued policy support

BENJAMIN ONG  |  TUESDAY, 1 JUN 2021
... virus. This could trigger further containment measures and delay the economic rebound," the OECD said. The OECD prescribes central banks in advanced economies should keep monetary policy settings accommodative and allow "temporary overshooting of headline ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... rates by the middle next year, recently given prominence by BOE policymaker Gertjan Vlieghe's remarks that the British central bank could lift rates as soon as the first half of 2022 but only if the unemployment rate doesn't pick up after the ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. The central bank notes that: "The improvement in global and domestic economic indicators... have provided members more confidence in ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... surprise). The question now is whether or not these are only transient inflationary pressures - as proclaimed by most central banks (led by the Fed and ex-BOJ) - or are early signs of things to come. The answer to this would determine future monetary ...

Tempered positivity post-pandemic: Experts

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... multi-asset Simon Doyle argued global debt and low interest rates have resulted in an asymmetry where it is very difficult for central banks to raise rates. "Last week the April inflation numbers were at a 24-year high, that's partly due to supply bottlenecks ...

Chief economist: The path to normality

BENJAMIN ONG  |  TUESDAY, 18 MAY 2021
... growth is insufficient," adding that "prudent" monetary policy would be flexible, targeted and appropriate. China's central command agrees. In their meeting conducted a day after (May 12) the PBOC's report, they acknowledged that there's ...