Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 811 - 820 of 2520 results for "Central Bank"

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... announcement marks the first time in more than a decade that the BOE raised its key overnight benchmark rate. The UK central bank last moved interest rates higher on the 5th of July 2007, taking the Bank Rate up from 5.50% to 5.75%, before steadily cutting ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... victory in the recent elections that, in turn, guaranteed BOJ Governor Haruhiko Kuroda's continuity at the helm of the central bank. The Fed holds its Federal Open Market Committee (FOMC) meeting on 31 October - 1 November. Although there are other fishes ...

Ex-RBA Governor joins Macquarie

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
Macquarie Group and Macquarie Bank will welcome a former Governor of the Reserve Bank of Australia to its boards next month. Glenn Stevens, who served as Governor between 2006 and 2016, will join both boards on November 1 as an independent director. ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
The European Central Bank's (ECB) October monetary policy meeting ended financial market speculations over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
... selling prices." The Beige Book's diminished relevance (for financial markets, at least) may have resulted from the US central bank's uber-transparency towards in policy thoughts in recent times, eliminating the need for markets, speculators and investors ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... be appropriate." That "coming months" could turn out to be coming "month". That's on 2 November when the British central bank's monetary policy council next meets. Its twin mandate - full employment and stable inflation - dictates so. The UK's unemployment ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... price index not the CPI. In the Fed's "Summary of Economic Projections" (latest release was in September), the US central bank prints point forecasts for "PCE inflation" and "Core PCE inflation". An article by the "Business Insider" published in mid-2014 ...

ECB exit: 2018 or 2021?

BENJAMIN ONG  |  WEDNESDAY, 11 OCT 2017
... amid diminished political risk and policy uncertainty". This is based on the IMF's assumption that the "European Central Bank should wait for concrete evidence of a steady pickup in inflation before reducing the extent of accommodation". The IMF predicts ...

India's upside risks

BENJAMIN ONG  |  TUESDAY, 10 OCT 2017
... goods and services tax implemented on 1 July. Both central banks appear to have gotten the upper hand. The Indian central bank kept interest rates unchanged - repo rate at 6.0% and reverse repo rate at 5.75% - following its 4 October policy meeting. ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
It was a ho-hum event, the Reserve Bank of Australia's (RBA) 3 October board meeting, that is. The Australian central bank kept interest rates unchanged as widely expected. This takes to 14 the number of months the RBA has kept the official interest ...