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Showing 81 - 90 of 369 results for "taper"

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
... remains are the questions on a December interest rate hike (will they, won't they?) and the announcement of the start of QE taper (will they, won't they?). The likelihood of these happening is two for two because US economic data and surveys since the ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
It didn't happen overnight, but it did happen. European Central Bank president Mario Draghi's concern over the impact of the euro currency's appreciation, that is. Recall that the ECB had been conspicuous in its silence about the euro since its 20 July ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
"It is worth remembering that it can take 18 to 24 months for a monetary policy action to have its full effect on inflation. This means that central banks must target future inflation by anticipating future deviations from target." These were the words ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
The US Federal Reserve took another step towards policy normalisation at its June FOMC meeting - announcing another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... forecast of 0.4% second quarter growth could well prove overly pessimistic if the PMI holds its elevated level in June". Taper time? Well, not quite. The survey showed that while average selling prices increased at their fastest rate in 6 years, input ...

O Canada

BENJAMIN ONG  |  WEDNESDAY, 26 APR 2017
With friends like these, who needs Kim Jong-un! Just when the drumbeats of war - the nuclear kind - have recently been withdrawing from the headlines, US president Donald Trump could be starting another, a trade war. Sure, Trump's protectionist' policy ...

The prescience of Super Mario

BENJAMIN ONG  |  THURSDAY, 20 APR 2017
... Rising momentum in the Eurozone economy have triggered speculations that the European Central Bank (ECB) would not only taper its QE programme soon but also lift interest rates by the first quarter of 2018. The problem with this is that stronger economic ...

Sovereign wealth fund growth steady

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
The total assets under management held in sovereign wealth funds globally levelled over the past two years, seeing growth of 1% between March 2016 and March 2017. The 2017 Preqin Sovereign Wealth Fund Review found assets grew to US$6.59 trillion from ...

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
Trump's actions against Syria show that he walks the talk, putting Chinese president Xi on notice that the US may yet make good on its threat to slap a 45% tariff on Chinese imports. America's missile assault on Syria, in retaliation for the chemical ...

ECB nips the bud of rate hike speculations

BENJAMIN ONG  |  FRIDAY, 31 MAR 2017
... green shoots in the Eurozone economy has recently triggered speculations that the European Central Bank (ECB) would soon taper its policy accommodation measures soon. While the Governing Council voted to keep monetary policy settings unchanged following ...