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Showing 681 - 690 of 2470 results for "Monetary"

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... altering the size and composition of its balance sheet, if future economic conditions were to warrant a more accommodative monetary policy than can be achieved solely by reducing the federal funds rate." Just when I thought that old Wall Street rule ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... the planet - means zilch given Trump's unpredictability. Case in point, the Fed was on its way towards normalising monetary policy aided by Trump's tax cuts and infrastructure spending that, in turn, was expected to bump up global growth and ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
What a world of difference a year makes! The International Monetary Fund (IMF) has just released its World Economic Outlook Update, the heading: A Weakening Global Expansion. Says it all, really...and for a synopsis: "The global expansion has weakened. ...

Chief economist update: US consumer sentiment cops bullet

BENJAMIN ONG  |  MONDAY, 21 JAN 2019
... shutdown, the impact of tariffs, instabilities in financial markets, the global slowdown, and the lack of clarity about monetary policies. Aside from the direct economic impact from these various issues on the economy, the indirect effect meant that ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... already prompted a change of stance at the Fed (a pause?); a cut in the reserve requirement ratio - and promises of more monetary and fiscal stimuli - in China; and expectations that the central banks of the Eurozone and Japan would keep their respective ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... markets were awash with speculation the Bank of Japan (BOJ) would follow the Fed's lead and start implementing a monetary policy exit strategy. Speculations started to gain prominence as early as January 2018, when the Japanese central bank "reduced ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... in the year to December - led by an 8.9% drop in Sydney and a 7% fall in Melbourne. Still, in its November 2018 'Monetary Policy Statement', the RBA remained relatively sanguine about it. "The easing of housing prices in Sydney and Melbourne ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... and flexible". These are the two words the US Federal Reserve has us mulling over with regards to the conduct of its monetary policy over the course of 2019. How patient and flexible? The CME FedWatch Tool puts the probability of the fed funds rate remaining ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... the longer-run neutral interest rate". All well and good but where to now brown cow? "With regard to the outlook for monetary policy beyond this meeting... participants expressed that recent developments, including the volatility in financial markets ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... and cut rates. First, some global context. US Federal Reserve has hinted that it will be more dovish with regards to monetary policy from gradual and gentle rate hikes to using "...all of its tools to support the economy should that be appropriate to ...