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Showing 711 - 720 of 2466 results for "Monetary"

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... update medical definitions be extended to products other than on-sale products. The Corporations Act, they said, exempts monetary benefits received from life risk insurance products. "Why shouldn't the cap on such benefits continue to reduce to zero?" ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... little changed, on balance." In addition to this, investors were encouraged by the removal of the phrase, "The stance of monetary policy remains accommodative..." which implied US interest rates have hit their neutral levels - i.e. the level at which ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... Japan's equity market has also benefitted from recent developments pointing to continued stability --in government and monetary policy. Japanese Prime Minister Shinzo Abe's victory in the just-concluded ruling party leadership vote indicates the continued ...

Scott Morrison becomes Prime Minister, markets react

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
... JP Morgan Asset Management global market strategist Kerry Craig said unless there is assumed to be a large change in monetary or fiscal policy or the regulatory backdrop in the near term, investors will go back to focusing on what important - the health ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
It may still be early days but the Bank of Japan's (BOJ) "tweaking" of monetary appears to have done nothing significant for the yen and the Nikkei-225 so far. At the conclusion of its July 30-31 monetary policy meeting - where it kept current monetary ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... month's 46,305% jump in prices look very tame. Still, both inflation rates are nothing compared with the International Monetary Fund's (IMF) forecast that inflation could reach 1 million percent this year. The erosion of consumer purchasing power ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... forward guidance that it would be raising the fed funds rate three times in 2018 was positively-named normalisation of monetary policy. All was well. Until Trump taketh what he earlier giveth, announcing a 25% tariff on foreign steel and a 10% tariff ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... Erdogan's erroneous economic thinking - that high interest rates cause inflation - and his pledge to take greater of monetary policy if he wins re-election at the June 24 poll. He was re-elected, and dive deeper the lira went. The TCMB has already ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... markets are betting that the next move in the OCR could be down rather than up. This is because as printed in the August Monetary Policy Statement: "The decline in GDP growth over the past year suggests momentum in the economy may have eased." Factset ...