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Showing 241 - 250 of 2367 results for "Central Bank"

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...

JobKeeper saved 700,000 jobs: RBA

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... fiscal measures at the start of the year in response to the sharp fall in economic activity due to COVID-19. The central bank collected data on the JobKeeper measure and found it played a crucial role in cushioning the fall in employment in the first ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
"Voices singing, let's be jolly Deck the halls with boughs of holly Rockin' around the Christmas tree Have a happy holiday Everyone dancin' merrily..." - Brenda Lee It's not even December yet but Wall Street's already "Rockin' ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
More infections equals more monetary policy easing and more fiscal spending. Like the Fed and the European Central Bank, the Bank of Japan (BOJ) also kept monetary policy unchanged - target rate at -0.1% and target for the 10-year Japanese government ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
... Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the Bank of England's collective and cautionary missive comes amid a backdrop of recent COVID-19 vaccine optimism ...

RBA measures not solely due to COVID: Treasury

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... households and firms to borrow and invest." Kennedy said that while COVID-19 was certainly he factor that pushed the Central Bank to take the leap of quantitative easing measures, the country was already heading in that direction. "While the academic ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
... of funding for councils to support local public health. The Exchequer's largesse came on the same day the UK central bank expanded QE -- increasing its asset purchase target by a larger-than-expected £150 billion (expectations were for £100 billion ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... Aberdeen Standard Investments managing director Australia Brett Jollie said. "Bond yields are low due to extraordinary central bank intervention. Investors need to remember the defensive role that fixed income plays in a portfolio rather than simply ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... Australia's board today to a new historical low of 0.10%. Finder's RBA cash rate survey found 67% of economists believe the central bank will cut rates today as it continues to fight the economic effects of the COVID-19 lockdown. This will be the final ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. As a part of the RBA's research on wholesale ...