As the dust begins to settle around the latest perceived shift in policy on the part of the United States Federal Reserve, uncomfortable questions are being asked about the credibility of US monetary policy and the communication skills of the world's most closely watched central bankers.Tuesday, 1 April, 2014, 7:07pm
The Federal Reserve is telling us that not much has changed in the economy in the United States except rates are going to rise faster.
That is either growing hawkishness or a communications flub by Fed chairman Janet Yellen in her first Federal Open Market Committee press conference.21 Mar 2014 - 12:59am
A regulatory directive that banks in Hong Kong fund the loans they make with deposits of longer tenure has spurred the lenders to begin their annual battle for deposits earlier this year.15 Mar 2014 - 5:05am
New Zealand's central bank raised interest rates yesterday and signalled further rises as far out as early 2017, taking the lead among developed economies in tightening monetary policy as it tries to quell inflation pressures in a strong economy.14 Mar 2014 - 6:08pm
Great excitement followed Beijing's announcement on Monday that it will draw up an "operational plan" this year for deregulating domestic interest rates and making the yuan fully convertible.
A whole legion of analysts reacted by predicting the liberalisation of China's exchange rate during the next couple of years, and full convertibility within five years.8 May 2013 - 5:20am 1 comment
The European Central Bank, meeting in the Slovakian capital of Bratislava today, could cut its interest rates from record lows and unveil new measures to kick-start bank lending, analysts say.2 May 2013 - 3:47am
European Central Bank President Mario Draghi said the bank stands ready to cut interest rates if the economy deteriorates further, and officials are considering additional measures to boost growth as the debt crisis enters its fourth year.5 Apr 2013 - 5:10am
I can paint the doom scenario as well as anyone can. Here we have a red-hot residential property market with prices propelled to record heights by four years of extraordinarily low interest rates. What will happen if interest rates now start to rise?21 Mar 2013 - 5:20am 9 comments
Mainland officials are expected to keep interest rates on hold in the first half of the year, a central bank adviser said, easing concerns that Beijing may raise rates after inflation reached a 10-month high last month.20 Mar 2013 - 4:35am
India's central bank lowered its key interest rate by a quarter of a percentage point yesterday as it tries to revive stalled growth in Asia's third-largest economy.
The announcement was overshadowed by the country's minority government losing a coalition partner.20 Mar 2013 - 4:35am
Twelve of 16 analysts expect Beijing to relax or remove the cap on deposit rates or the floor on lending rates, according to a survey conducted before Xi Jinping's appointment as president tomorrow. A majority sees at least minor changes to the birth and registration policies.14 Mar 2013 - 7:47am
Centaline Property Agency said last night that some owners had immediately slashed their asking prices. A 922 sq ft flat in Taikoo Shing was on offer for HK$13 million, a reduction of 7 per cent. Other owners dropped their prices by up to 10 per cent.14 Mar 2013 - 2:13pm
Federal Reserve chairman Ben Bernanke signalled he would keep the Fed's target interest rate low to support the economy, even as some colleagues warned the policy risks triggering financial market instability.3 Mar 2013 - 6:30am
Federal Reserve Chairman Ben Bernanke said recent increases in some interest rates may signal the economy is gaining vigour.
28 Feb 2013 - 2:58am
Sixty-six per cent of respondents in a survey last month expected values to increase over the next year compared with 64 per cent in October, ASB Bank said in an e-mailed report. The proportion expecting lower prices was unchanged at 8 per cent.27 Feb 2013 - 5:04am