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Showing 51 - 60 of 95 results for %22Read Governor Lowe%22

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
... United Kingdom (2.2%) and Japan (0.6%). The details of the Australian Bureau of Statistics' (ABS) report show that the RBA governor's constant nagging may have finally gotten through to the government (because monetary policy can only do so much) with ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... 11 August Board meeting. It last lowered interest rates from 2.5% to 2.25% back in March this year. According to RBNZ Governor Graeme Wheeler: "Weak global conditions and low interest rates relative to New Zealand are placing upward pressure on the New ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 28 JUN 2016
... already had painful experience of this". BOE on Brexit In a statement after the Brexit result, Bank of England (BOE) governor Mark Carney said that, "The Bank of England cannot (and should not) stand in the way of these necessary adjustments. But we ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
... prospects for continued growth in the economy, with inflation close to target" -- and nary a jawboning word from RBA governor Glenn Stevens, should keep the A$ well-bid in the near term. US housing starts There was a big disappointment in the latest ...

Lift-off on Carney's mind

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2015
It's now safe to go back in the waters... This, perhaps, was what's in Bank of England (BOE) governor Mark Carney mind when, a day after news of the Greek deal, he told the UK Treasury select committee that: "The point at which interest rates may begin ...

The Fed is Greek too

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2015
... lift-off wouldn't come in September or December but in September AND December. According to Reuters, "Federal Reserve Governor Jerome Powell on Tuesday said the U.S. economy could be ready for a first interest rate hike in September followed by a second ...

Forward guidance at its best

BENJAMIN ONG  |  THURSDAY, 13 NOV 2014
It's them, not us! This is the not so subtle message Bank of England (BOE) Governor Mark Carney delivered at his opening remarks following the release of the BOE's Quarterly Inflation Report last night. But of course, being the astute central banker ...

Conditions and confidence collide

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2014
... February 2008 and well over its long-run average of plus 5. Well, that is clearly surprising, is it not? Crystal. RBA Governor Glenn Stevens A may have finally made the horse drink the water of cheap funding. But whoa boy, hold your horses! While NAB ...

Jawbone collection

BENJAMIN ONG  |  MONDAY, 20 OCT 2014
... the ECB to a higher level" and the ECB is ready to implement more stimulus measures if necessary. Bank of Japan (BOJ) governor Haruhiko Kuroda's soothing words completed the quorum. "We will continue quantitative and qualitative easing until 2% inflation ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... continued imbalances between global saving and investment, together with potentially lower rates of global productivity growth". Read, interest rate hikes would be limited and gradual. More different again is the European Central Bank (ECB) and the Bank ...