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Showing 51 - 60 of 257 results for "Minutes of"

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... another justification for the optimism and seemingly hawkish turn the Reserve Bank of Australia (RBA) conveyed in the minutes of its 4 July board meeting. The Australian Bureau of Statistics (ABS) reported total employment grew by 14,000 in June. This ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... international and domestic economy, it told us so - in black and white - in its 4 July Statement of Monetary Policy. But the minutes of that meeting indicate that it was more optimistic than the optimism it relayed in the short statement. This, at least ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
The release of the minutes of the Fed's and the ECB's June meetings have brought back financial market trepidation - sparked by last week's hawkish comments from central bank heads of the US, the Eurozone and the UK - that the end of cheap money is ...

Five minutes of sunshine tomorrow?

BENJAMIN ONG  |  TUESDAY, 6 JUN 2017
Hip, hip! The Australian Bureau of Statistics' (ABS) 'Business Indicators' report (released yesterday) eased growing concerns that tomorrow's National Accounts would show that the Australian economy weakened sharply - if not outright contracted -- in ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
... Fed raising the fed funds rate from 0.75%-1.0% to 1.0%-1.25% next month have already risen to more than 83% after the minutes of the 2-3 May meeting was released three weeks after. Chances are they've risen even more following the recent upward revision ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... already know the gist of the 2-3 May FOMC meeting from the monetary policy statement announced at its conclusion, the minutes of that meeting provide nothing but good tidings for America... with or without Trump. This is because "Many participants continued ...

Desperately seeking workers

BENJAMIN ONG  |  THURSDAY, 20 APR 2017
... shrinking the balance sheet] could begin relatively soon" and not later this year, as financial markets speculated when the minutes of the 14-15 March FOMC meeting was released. The Beige Book report showed that economic activity continued to expand ...

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
... reports about revelations on the Fed's intent on shrinking its balance sheet. Yes, that one. The one contained in the minutes of the 14-15 March FOMC meeting: "Provided that the economy continued to perform about as expected, most participants anticipated ...

Wednesday delivery

BENJAMIN ONG  |  MONDAY, 27 FEB 2017
... this. While stating that "many participants" think that the fed funds rate should be increased "fairly soon" in the minutes of its 31 January-1 February FOMC meeting, the Fed also admitted that the current administration's policies have created "considerable ...

A bump up in credit

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
NAB's cautious optimism over Australian business conditions (see "Five minutes of sunshine?" report in this section), should be allayed by the Reserve Bank of Australia's private sector credit report. Total private sector credit increased by 0.7% in ...