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Showing 61 - 70 of 622 results for "European Central Bank"

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
Yesterday's European Central Bank's (ECB) Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... Emerging markets continue to feel the heat from Turkey's roasting and so do several European countries. The European Central Bank (ECB) can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the ...

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: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... rate is now lower - 1.75% - than last it started raising interest rates. It should have learned from the European Central Bank (ECB) which, too, had been in a hurry to normalise (for the same reasons, strengthening economic growth and inflation heading ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
... changed to reflect "Fed participants" expectations of two (instead of one) more rate hike this year. The European Central Bank (ECB)'s kept policy unchanged at its June meeting, also as expected. However, it announced it's halving its net asset ...

Chief economist update: ECB cannot be any clearer

BENJAMIN ONG  |  FRIDAY, 15 JUN 2018
... Walt Whitman Well its "nearly" done but let's not quibble about semantics. The revelations made by the European Central Bank (ECB) after its 14 June powwow shows the Governing Council believes that while they have yet to reach their final destination ...

Chief economist update: "Quitaly"

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2018
... for 7.5%. The extent of financial market fears over Italy is best captured in the following two charts: European Central Bank (ECB) president Mario Draghi succeeded in calming nerves over Grexit with his "whatever it takes" policy. Draghi might have ...

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
Geo-politics remain the talk of the financial markets as Trump's rolling circus again came to the fore with his flip-flop-flip over the US-North Korean summit - just a day after Trump cancelled the summit, he declared it back on again. Make what ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... Japan (BOJ) recently removing its target time-frame for the achievement of its 2% inflation target and the European Central Bank (ECB) faced with renewed inflation weakness - headline CPI inflation slowed to 1.2% in the year to April from 1.3% in the ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... these "headwinds" can blow stronger and take the A$ down some more. If so, thank you very much! While the European Central Bank and the Bank of Japan struggle to keep their respective currency's exchange rate low, the market is doing it for Australia ...