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Showing 681 - 690 of 4302 results for "Bank of"

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... non-compliance. This disconnect between the real economy and stockmarket pricing has led to growing criticism that the Bank of Japan (BOJ) is distorting market pricing. Forget Gamestop and Reddit, the BOJ is the bigger player that's gaming the system. ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
The Bank of England (BOE) gave financial markets what they wanted and kept monetary policy settings unchanged - the bank rate at a record low 0.1% and QE at £895 billion - at its first Monetary Policy Committee meeting on February 4. It was hoping ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... currently in the late stages of a broad-based bubble in risky assets." But as the Australian Financial Review reports: "...Bank of Montreal chief economist Doug Porter said the Reddit army's attack on GameStop and other highly shorted stocks could ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... 0.9% in the quarter ended December 2020 from 0.7% in the previous quarter. This is well below the low end of the Reserve Bank of Australia's 2%-3% inflation target band. So are the underlying inflation readings - the trimmed mean measure steadied ...

AMP Bank boss exits

KARREN VERGARA  |  THURSDAY, 21 JAN 2021
... shortly after AMP chief Francesco De Ferrari stepped in, has accepted a role as transformation director at ASX-listed Bank of Queensland's retail unit. Altogether, Finch was at AMP for eight years, starting out as the director for customer transformation ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... move in the country's recession rebound caused by lockdown measures imposed to limit the spread of COVID-19. The Reserve Bank of Australia (RBA) has long said it will not consider lifting interest rates unless the jobless rate goes down. This was repeated ...

Challenger welcomes board director

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... deputy director-general in the Office of National Assessments and worked at the Australian Treasury and at the Reserve Bank of Australia. Challenger chair Peter Polson said he is pleased to welcome Smith to the board. "She has performed at the highest ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... three surrounding prefectures on 7 January 2021 and extended it to an additional eight prefectures a week later. However, Bank of Japan (BOJ) governor Haruhiko Kuroda is more optimistic. In his opening address at the quarterly regional branch managers ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... support retail shops, restaurants and tourism businesses from the re-enforced lockdown. The fiscal stimulus gives the Bank of England (BOE) some breathing room to assess the recent developments before its scheduled meeting on the February 4. At its December ...