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Showing 661 - 670 of 2466 results for "Monetary"

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... thinking what I'm thinking? Yes, Virginia, something's amiss, and that's despite the changes in relative monetary policy expectations - the Fed's on hold this year and the RBA will cut interest rates (maybe two according to Westpac) this ...

AFA rebukes ideological drive against conflicted remuneration

HARRISON WORLEY  |  WEDNESDAY, 27 FEB 2019
... the measures to improve the quality of advice also consider exemptions to the ban on conflicted remuneration for non-monetary benefits, Anderson questioned the necessity of stopping advisers receiving education from product providers. "Why is that such ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
... 2%." The US Federal Reserve has reached neutral - the "neutral interest rate" level, that is - the Goldilocks state of monetary policy where it is neither accommodative nor restrictive. If I remember correctly, the Fed's last published estimate of ...

Scholarships open for women in finance and superannuation

MICHELLE BALTAZAR  |  FRIDAY, 22 FEB 2019
... young women to consider investment management as a career path," Macoun said. According to a study by the International Monetary Fund (IMF), there is a large gap between the representation of men and women in leadership position in financial services. ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... hardly surprising given that the Fed's pause has allowed other major world central banks to place their respective monetary policies on ice (as opposed to exit strategies) and/or start thinking about easing. The race to zero is back? But that aside ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... decision - as explained by Governor Adrian Orr - to keep the official cash rate unchanged at 1.75% after its February 13 monetary policy deliberations. That's A-OK. Financial markets were expecting just that. However, financial markets' didn't ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... deputy governor of the Reserve Bank of New Zealand, Grant Spencer. Spencer formerly held senior roles at the International Monetary Fund and was also previously head of financial stability and acting governor at the RBNZ. The two will work with former ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
When the Bank of England (BOE) decided to keep monetary policy settings unchanged following its February 7 monetary policy committee meeting, it acknowledged in its statement that: "UK economic growth slowed in late 2018 and appears to have weakened ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... uncertainty on confidence and demand." No, Virginia, that wasn't a misquote, it's taken from the International Monetary Fund's (IMF) World Economic Outlook (WEO) Update dated January 2018. That time, the IMF projected euro area growth of ...