... e Federal Reserve Bank of San Francisco Economic Letter shows that without automation, the labor share could have been higher at 57-58 percent. Do not dismiss the 2-3 percent difference, given that po ...More
EJ Insight2020-02-19
Federal Reserve Chairman Jerome Powell reiterated his confidence in the US economic outlook, even as he said he expected some drag “soon” from China’s new coronavirus epidemic, Reuters reports. “There ...More
EJ Insight2020-02-13
... s Federal Reserve President James Bullard said China’s economy was expected to “slow noticeably” in the first quarter and anyone pricing assets should for now consider the “tail risk” that the outbrea ...More
EJ Insight2020-02-12
Federal Reserve Chairman Jerome Powell told Congress that the US economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns about the economy’s long-t ...More
EJ Insight2020-02-12
... ny’s cash reserve of 1 billion yuan (US$143 million) would likely be enough for only 6-7 months in the absence of income. The job cuts come even as President Xi Jinping said the government would preve ...More
EJ Insight2020-02-11
... ting cash reserve can only last less than one month, and he may have to close the factory if the situation does not improve by the end of this month. Meanwhile, restaurants are suffering even more giv ...More
EJ Insight2020-02-11
... e Federal Reserve lets inflation run hot• Technology gets de-FAANGed• Cryptocurrencies come of age A spirit of fiscal cooperation builds in Europe Although the European Central Bank (ECB) has been pro ...More
EJ Insight2020-02-11
... ckets are reserved. But everyone knows from experience buying concert tickets that you usually coordinate this with friends, and you might be using your phone and your computer. Only one of those sets ...More
EJ Insight2020-02-10
... e Federal Reserve Board, there is a category called the pharmaceutical and medicine sector (blue line). The business cycles are of standard frequency where the peak-to-peak or trough-to-trough time ga ...More
EJ Insight2020-02-05
... ts fiscal reserve of 550 billion patacas. By contrast, Hong Kong’s outstanding mortgage loans amounted to HK$1.43 trillion, exceeding the government reserve of HK$1.1 trillion. Also, Hong Kong is an i ...More
EJ Insight2020-02-05
... S Federal Reserve in May 2018. The first phase saw regulators ease the rule’s trading restrictions, and on Thursday regulators moved to simplify the so-called “cover funds” aspect of the rule that res ...More
EJ Insight2020-01-31
... S Federal Reserve Chair Jerome Powell’s news conference on Wednesday. In China, thousands of factory workers on Lunar New Year holidays may struggle to get back to work next week due to travel restric ...More
EJ Insight2020-01-31
The Federal Reserve held interest rates steady at its first policy meeting of the year, with the head of the US central bank pointing to continued moderate economic growth and a “strong” job market, a ...More
EJ Insight2020-01-30
... e its own reserve needs? Since the oil price hit the historical high in 2008 and then came down, a lower price has stimulated external demand. On the other hand, the US would have lesser incentive to ...More
EJ Insight2020-01-29
... currency reserves remained flat, barely covering their credit commitments. But, at the same time, China’s trade surplus increased by 25 percent even if it was mainly due to lower imports. China has s ...More
EJ Insight2020-01-24
... in banks’ reserve requirement ratio (RRR) since early 2018, freeing up more funds and driving down lending costs. “There was some slowdown in December but we don’t need to be too concerned with proper ...More
EJ Insight2020-01-17
China’s reserve requirement ratio (RRR) is at an appropriate level and there is limited room for further cuts, a central bank official said on Thursday. China will make timely adjustments to benchmark ...More
EJ Insight2020-01-16
... S Federal Reserve cut rates three times in 2019. Donofrio expects to improve the interest income metric later this year by growing loans and reducing interest rates on deposits, but predicted that the ...More
EJ Insight2020-01-16
... tal Works Reserve Fund (CWRF), which includes premium income received from the government’s land transactions, will reach HK$127.1 billion, 11 percent less than the original estimate. But the audit fi ...More
EJ Insight2020-01-15
China loan prime rate (LPR) is down 16 basis points (bps) compared to half a year ago. Authorities have also cut the reserve requirement ratio (RRR) for commercial lenders, and there could be more suc ...More
EJ Insight2020-01-15
