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Showing 691 - 700 of 2498 results for "Central Bank"

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... once more hosed down recent speculations of a tweak in monetary policy towards an (early) exit. Sure, the Japanese central bank tweaked policy, but in the opposite direction. At the conclusion of its 30-31 July monetary policy meeting - where it kept ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
... The 30-31 July meeting is particularly significant given last week's flare-up of speculations that the Japanese central bank may tweak/change/alter/review its monetary policy operations and/or forward guidance. Speculations that have sent the yield ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
The stats are out and they reveal that Australia's inflation genie is still inside the box. The Australian Bureau of Statistics' (ABS) consumer price index report showed headline inflation accelerated to 2.1% in the year to the June quarter ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... before closing at 0.08% following the BOJ's offer to buy an unlimited amount of bonds (an indication that the central bank does not want this market reaction). The Japanese yen rose to ¥111.25 (from ¥111.41 last Friday) but not before reaching ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently, in his mind the Fed's rate rises are undermining "all that we have done". Two interest ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... according to Wikipedia is "a reduced form approximation of the responsiveness of the nominal interest rate, as set by the central bank, to changes in inflation, output, or other economic conditions." It offers an answer as to what the neutral rate of ...

Westpac investment arm awards real estate mandate

KANIKA SOOD  |  TUESDAY, 17 JUL 2018
A $10 billion investment arm of Westpac has awarded a mandate to a multi-asset manager, as it broadens its approach to listed real estate assets. Principal Global Investors Australia said it has picked up a number of investment mandates, including from ...

Crypto exchange enters superannuation market

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
Cryptocurrency exchange Cointree is entering the superannuation space and enabling members to set up SMSFs that invest in digital assets immediately. It is partnering with New Brighton Capital, an SMSF service provider specialising in helping members ...