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Showing 831 - 840 of 2517 results for "Central bank"

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... higher, there also wouldn't be sufficient demand to pull consumer prices up. A dynamic not lost on the Australian central bank. In its August 'Statement on Monetary Policy', the RBA stated: "expectations for low real wage growth remain a key downside ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... 2008-2013, now Bank of England (BOE) governor Mark Carney didn't follow through on the remarks he made at the European Central Bank Forum in Portugal that, "Some removal of monetary stimulus is likely to become necessary if the trade-off facing the MPC ...

RBI succumbs to low-flation

BENJAMIN ONG  |  FRIDAY, 4 AUG 2017
... it that prompted the RBI to raise the repo rate by 25 bps to 6% at its April 2017 policy meeting. That time, the central bank lifted its inflation forecasts to 4.5% in the first half of 2017 (from 4%) and 5% in the second half of the year (from 4.5%) ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
Wall Street's on a tear with all of the equity market's benchmark indices - S&P 500; Dow Jones; Nasdaq; Russell 2000 - hitting record highs last week. The most proximate cause is, of course, the strong June quarter earnings results. According to Factset ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
It got less press than the June quarter CPI report - which showed inflation in Australia remained below the RBA's target in the June quarter - but the Australian bank governor Philip Lowe's address to the Anika Foundation luncheon in Sydney was held ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... to do one more rate hike this year and announce the unwinding its balance sheet (potentially in September), the US central bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... core inflation rate - 2.4% in June - had been over the target since April. This justifies expectations that the UK central bank should start raising interest rates now and quick to alleviate downward pressure on the pound and upward pressure on prices. ...

Ignition Wealth begins European expansion

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2017
... firm has welcomed Irish fintech expert Peter Oakes to its advisory board. Oakes is a former senior executive at the Central Bank of Ireland and Bank of America and will provide guidance on the move. Ignition Wealth said its initial priority is to establish ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... Day this November. Never mind that markets ignored the final paragraph in the RBA minutes indicating the Australian central bank's uncertainty... "Members regarded the improvement in the world economy over the preceding months as a welcome development. ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... from target." These were the words of Bank of Canada (BOC) governor Stephen Poloz that helped justify the Canadian central bank's decision to lift interest rates by 25 basis points to 0.75% on 12 July - making it the first developed country central bank ...