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Showing 651 - 660 of 2466 results for "Monetary"

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. ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... that just as America has only recently been experiencing the lagged effects of the Fed's actions towards normalising monetary policy, this just in go slower approach should provide a floor on further weakness in economic activity going forward. Not ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... the process of the Royal Commission, such as the removal of grandfathered commission, life insurance commissions, non-monetary benefits, and ongoing fees from superannuation accounts. He noted however that in the case of intra-fund advice, ISA called ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... economy - Japan - have all been but ignored. In case you failed to notice, the Bank of Japan (BOJ) concluded a two-day monetary policy meeting not long ago - 14-15 March. Don't worry, you haven't missed much (or anything). Monetary policy remains ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... against the USD (down by 10% in 2018) and in trade weighted terms (down by 6.5%). This, in other words, is a de facto monetary policy easing. Just think of the all the good a lower exchange rate does for the Australian economy - exports more competitive ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... and fiscal authorities. The US Federal Reserve started reversal proceedings by announcing a pause in its quest to bring monetary policy back to normality, punctuated by NY Fed president John Williams' recent comment that the Fed funds rate is now ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... Australian economy to grow by around 3% this year." Note: It cut its 2020 growth forecast to 2.75% from 3.25% in the February Monetary Policy Statement. However, the labour market is generally considered a lagging indicator and given the on-going weakening ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
... is the major raw material), notwithstanding Beijing's latest salvo at stimulating its economy through fiscal and monetary policies. The price of iron ore is important for the outlook for Australia or as the Budget Papers put it, along with other ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... Bank (ECB) and the Bank of Japan (BOJ); and, hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary policy would be appropriate"); Bank of Canada ("interest rates to its neutral range 2.5% -3.5%); and the Reserve Bank of ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... economy of $2.9 million." RBA rate cut here we come. According to the AFR, "Ten forecasters challenge the RBA's neutral monetary policy bias", with all now expecting one (or two) 25 basis point rate cuts this year. They've now come around to ...