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Showing 1 - 10 of 27 results for "Policy Board"

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... stability and contributing to full employment. Moreover, the legislation comprises the establishment of both a Monetary Policy Board and a separate Governance Board, while also clarifying the RBA's obligation to contribute to financial system stability. ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... two - much like the structure of the Bank of England and Bank of Canada. This would see the creation of a Monetary Policy Board and a Corporate Governance Board; the former would look at monetary policy decisions and financial system stability alone ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
As expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...

Chief economist update: Japan economy tanks depsite looser restrictions

BENJAMIN ONG  |  THURSDAY, 27 AUG 2020
... rate at -0.1% and 10-year JGB yield target at zero - at its 14-15 July meeting. While sitting BOJ Governor and the Policy Board pledged that they will "closely monitor the impact of the novel coronavirus (COVID19) and will not hesitate to take additional ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
It's still a month away, but when the policy board of the Bank of Japan (BOJ) meets to assess the state of the economy and its monetary policy response on 19-20 June, it could claim the economy is progressing as printed at its meeting in April. ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
... unique to Japan -- risk that Japanese authorities can mitigate or defer for times a-plenty. Fortunately, the BOJ's policy board members acknowledged this and brought it back to the fore: "There is some risk that the scheduled consumption tax hike ...

Chief economist update: BOJ on a steady

BENJAMIN ONG  |  TUESDAY, 30 OCT 2018
The Bank of Japan (BOJ) starts its two-day monetary policy meeting today and it's not about to give financial markets a Halloween spook when it announces the policy board's decision tomorrow. Monetary policy settings will remain unchanged - ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... settings unchanged - the BOJ announced: "With a view to persistently continuing with powerful monetary easing, the Policy Board of the Bank of Japan decided to strengthen its commitment to achieving the price stability target by introducing forward guidance ...

Chief economist update: The BOJ kills off specs (for now)

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2018
... unchanged - the BOJ announced that: "...with a view to persistently continuing with powerful monetary easing, the Policy Board of the Bank of Japan decided to strengthen its commitment to achieving the price stability target by introducing forward guidance ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... different for the Bank of Japan (BOJ). Just like the Fed, the BOJ kept its monetary policy settings unchanged when the Policy Board met last on April 26. Just like the Fed, the BOJ cited moderate expansion activity in its domestic economy. Just like ...
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