... n and the reserve requirement ratio (RRR) for the big banks has been cut to 14.5 percent under "normal circumstances" ought to have eased conditions. The fact that the money supply and loan data is w ...More
EJ Insight2018-12-19
With the US Federal Reserve expected to announce this week another hike in benchmark interest rates, President Donald Trump and his top trade adviser on Monday ratcheted up their criticism of the cent ...More
EJ Insight2018-12-18
... e Federal Reserve was never the sole buyer of Treasuries. There was always a relative secondary market. In the Eurozone, the ECB's has been seven times the net issuances of sovereigns. No investor is ...More
EJ Insight2018-12-17
... t hold as reserves four times this year. China’s central bank governor said on Thursday that monetary conditions should be relatively loose but not too loose. “For monetary policy, there is still th ...More
EJ Insight2018-12-14
... yment and reserve currency could be challenged. If the US is too aggressive in its enforcement of secondary sanctions, other countries might either develop payment systems of their own or forbid their ...More
EJ Insight2018-12-14
... to find, reserve and pay for parking spaces across Japan via their mobile devices. This article appeared in the Hong Kong Economic Journal on Dec 12 Translation by Ben Ng with additional reporting [C ...More
EJ Insight2018-12-12
Indian markets plunged before recovering some ground on Tuesday as Reserve Bank of India Governor Urjit Patel’s unexpected resignation on Monday shocked investors, Reuters reports. For further directi ...More
EJ Insight2018-12-11
... t Federal Reserve official’s comments about the path of interest rate hikes added to the uncertainty for investors, as did setbacks for Britain’s plans to leave the European Union, Reuters reports. Th ...More
EJ Insight2018-12-05
... e Federal Reserve and the strong need for the US government to keep issuing more bonds would put further pressure on the US dollar bond market, which has already seen the 10-year US Treasury yield bre ...More
EJ Insight2018-11-30
US Federal Reserve Chairman Jerome Powell said the central bank’s policy rate is now “just below” estimates of a level that neither brakes nor boosts a healthy US economy, comments that many investors ...More
EJ Insight2018-11-29
... S Federal Reserve should stop gradually raising interest rates? The answer is no. Monetary policy cannot mitigate the damage done by foolish trade policies. The biggest trade conflict is between the U ...More
EJ Insight2018-11-27
... S Federal Reserve did not push for deleveraging right away to rectify the situation of excessive gearing. The Fed knew well that banks and those who have borrowed subprime mortgages had high leverage ...More
EJ Insight2018-11-27
... iseum can reserve as many as 9,600 of its 12,000 seats for consigned tickets under the current practice. The HAB said there is room to bring down the ratio in case of performances at Hong Kong Coliseu ...More
EJ Insight2018-11-21
... s cut the reserve requirement ratio for liquid assets that banks need to hold as a buffer on their balance sheets by 2.5 percentage points this year. It has also loosened policy to ensure sufficient c ...More
EJ Insight2018-11-20
... al banks’ reserves are already held as digital currencies. That is why central banks are so efficient and cost-effective at mediating interbank payments and lending transactions. Because individuals, ...More
EJ Insight2018-11-20
... r Federal Reserve chair Janet Yellen said US interest rate hikes are causing the country's trade deficit to widen, not unfair trade practices, Bloomberg reported. Higher interest rates are putting upw ...More
EJ Insight2018-11-14
... e Federal Reserve will most likely continue and that the fiscal policy already implemented will be maintained. Economic growth, employment and wages have been important factors in giving better than e ...More
EJ Insight2018-11-12
... required reserve ratio for commercial banks four times this year, releasing 2.3 trillion yuan (US$330.68 billion). By the end of September, outstanding loans for micro and small firms hit over 33 tri ...More
EJ Insight2018-11-12
