Philip Chua Business Blog

Posts Tagged ‘policy’

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

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…

(SINGAPORE) The government yesterday defended its policy of managing price movements in the private housing market and also stood by its method of supplying developers with state land sites.
It was responding to Wednesday’s speech by the president of the Real Estate Developers’ Association of Singapore (Redas), Simon Cheong, who said that the government should allow the private property market her… more

The week in currency trading opened with markets poised for fresh risk appetite. With China back from vacation, the PBoC reiterated its pledge to maintain moderately loose monetary policy and proactive fiscal policy to support growth in an attempt to shape expectations following the reserve ratio increase just before the…

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”….