Philip Chua Business Blog

Posts Tagged ‘meeting’

The Bank of Japan released its minutes concerning May 20-21 meeting when policy makers decided to keep interest rates at its low record of 0.1% to fight deflation that continued to weigh on economic activity in the world's second largest economy. Policy makers signaled the importance of securing investors' trust

· With real estate prices rebounding and new launches selling out, is the Singapore property market overheating again? LAST month, my next-door neighbour dropped by with a requisition to convene an extraordinary general meeting of our condominium. For what else but an en-bloc sale? The dream of some owners and the nightmare of others. The key to real estate prices is affordability. In t... more

At the March meeting, the FOMC voted to keep the fed funds rate at a range of 0 to 0.25%, and the phrase that interest rates were likely to remain low “for an extended period” remained part of the statement. Thomas Hoenig voted against the policy decision again, as he…

On Thursday, the ECB Council is holding its regular monthly meeting. We do not expect any policy action. The ECB outlined its basic intentions for phasing out extraordinary policy measures at the March meeting, so there is not likely to be much news in that respect. Given the significant improvement…

The FOMC is very likely to maintain the target range for the fed funds rate at 0 to 0.25% at this week’s meeting. It will be interesting to see what changes are made to the statement, especially to the phrase “exceptionally low levels of the fed funds rate are warranted…

The FOMC minutes of the meeting on 27 January will be quite interesting because one member, Thomas Hoenig, dissented. He was not voting for higher rates, but against the policy commitment as expressed in the phrase “exceptionally low levels of the federal funds rate are warranted for an extended period”….