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Showing 221 - 230 of 2366 results for "Central Bank"

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
Ho-hum. So much for speculations over the Fed's thoughts and actions, Powell and Co. did what financial markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at ...

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... the changing needs of Australians with income support, infrastructure investment and the wage subsidy program. The central bank governor even tooting his own horn, pointing to the monetary policy measures put in place which helped reduce the cost of ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

Business investment slow to click into gear: Lowe

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... also support a more productive workforce and a lift in both nominal and real wages." Unfortunately, Lowe said, the central bank's hands are tied as there is not much it can do to boost business investment other than encouraging it to happen. "Unfortunately ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... echoed by the Reserve Bank of Australia (RBA). In its March 2 meeting, where it kept policy unchanged, the Australian central bank declared that: "The outlook for the global economy has improved over recent months due to the ongoing rollout of vaccines. ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... testimony before the US Congress last week, Fed chair Jerome Powell stressed that it would take some time before the central bank could make "substantial further progress" towards employment and inflation targets while at the same time that any resurgence ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
"I think I can make it now, the pain is gone All of the bad feelings have disappeared Here is the rainbow I've been prayin' for It's gonna be a bright (bright), bright (bright) Sun-shiny day." -- Johnny Nash, "I Can See Clearly Now" Do you ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... which, according to Reuters, "account for roughly 80% of Japan's ETF market". Reuters reports that the Japanese central bank is considering "scaling back" its ETF purchases after its March review. Is this where the game stops?

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... the weighted median increased slightly to 1.4% from 1.2% in the September quarter. Needless to say, the Australian central bank wouldn't be in a rush to lift interest rates soon despite its optimistic outlook on the economy backed by the rebound ...