Search ResultsShowing 1 - 10 of 100+ results for "Yes Virginia"
Chief economist update: Reversal of fortune
BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... the slowing momentum in economic activity in this 'Lucky Country', but I'm starting to change my tune. Yes Virginia, I'm still scouring through the pages of the RBA's Statement on Monetary Policy released earlier this month and eureka ...
Chief economist update: Brexit la la la
BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
It won't be over till it's over. Yes Virginia, the uncertainty that is Brexit festers on, pushed further until Britons have cast their vote at (yet another) general election to be held on 12 December (December 13 in Australia) and from there ...
Chief economist update: The BOJ needs to run faster to stay in the running
BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... amounts outstanding will increase at annual paces of about six trillion yen and about 90 billion yen, respectively". Yes Virginia, the BOJ maintained that it will "continue with "quantitative and qualitative monetary easing (QQE) with yield curve control," ...
Chief economist update: Future path of fed funds rate
BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... on 10-year US Treasuries was unchanged at 1.8%; and the Bloomberg US dollar spot index ticked up by a mere 0.2%. Yes Virginia, there's nothing to write home to mother about. They're all within the normal day-to-day ups and downs of the markets. ...
Chief economist update: Whatever it takes, however long it takes
BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... to ensure that inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry." Yes Virginia, it's now not only "whatever it takes" but "however long it takes". If you want to know how long, it's as long as US ...
Chief economist update: Fed has Trump's trade war number
BENJAMIN ONG  |  MONDAY, 9 SEP 2019
It's not me, it's you! Yes Virginia, you, I and Irene are very well aware of US president Donald J. Trump's Twitter attacks on the Fed. The last, most significant one was right after US Federal chair Jerome Powell's speech at Jackson ...
Chief economist update: Foolish takeaway on US-China talks
BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September 2002. Yes Virginia, it was the stuff that brought "Bushism" into our collective consciousness. Of course, we all know what George W. was on about ...
Chief economist update: The budget surplus can wait
BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... $113,404m. This is 10.7% higher than Estimate 3 for 2018-19. Estimate 3 is 14.9% higher than Estimate 2 for 2019-20." Yes Virginia, Australian businesses have upped their capital spending plans in the face of multiplying challenges - trade war, global ...
Chief economist update: The fear of Brexit
BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going with this. Brexit - the "no-deal" variety - is all but assured. UK Prime Minister Boris Johnson's ...
Chief economist update: RBA heading to zero
BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... psychological threshold of CNY7.0/US$1) highlights just how determined the US president is to win the trade war. Yes Virginia, China's officially a "currency manipulator" in America's eyes - not when it was intervening to keep the yuan from depreciating ...
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