monetary policy

SINGAPORE (Apr 5): Maybank Kim Eng expects Singapore’s central bank to normalise and shift to a “slight appreciation bias” for the S$NEER band from its current neutral stance, which has been in place since April 2016.

SINGAPORE (Feb 2): The Federal Open Market Committee, meeting for the last time under outgoing chair Janet Yellen, left the federal funds rate unchanged on Jan 31 while paving the way for rate hikes under Yellen’s successor Jerome Powell.

(Feb 1): Federal Reserve officials, meeting for the last time under Chair Janet Yellen, left borrowing costs unchanged while adding emphasis to their plan for more hikes, setting the stage for an increase in March under her successor Jerome Powell.

SINGAPORE (Jan 30): The Federal Reserve has been happy to raise interest rates very slowly despite tight labour markets because of low inflation. However, there are now signs that the underlying pace of price rises is close to the Fed target. This means t

NEW YORK (Jan 22): The world’s biggest bond market probably needs a little push from central banks to prop up yields at the highest in more than three years.

(Dec 29): Singapore is bracing for possible tax increases and monetary policy tightening in 2018 against a backdrop of steady economic growth and benign inflation.

SINGAPORE (Dec 20): OCBC is projecting for Singapore’s full year gross domestic product (GDP) to grow by 2-4% in 2018 – a slightly more sanguine estimation compared to the anticipated 3.4% y-o-y growth for this year, amid the broadening domestic gr

SINGAPORE (Dec 19): Morgan Stanley is in the view that the ongoing global economic cycle will stay stronger for longer, on the back of a pick-up in investment growth, a gradual rise in core inflation, steady removal of monetary accommodation, contained f

WASHINGTON/FRANKFURT (Dec 15): Central bankers are gingerly trying to take away the punch bowl without interrupting the party.

SINGAPORE (Dec 8): Following a generally smooth-sailing year for global risk assets – one that came as a shock to bears and gold bugs expecting 2017 to be the year of volatility – Saxo Bank now sees the pendulum swinging back in favour of pronounced v