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
The US Federal Reserve held interest rates steady on Thursday following a policy meeting, but signaled that it remains on track to keep gradually tightening borrowing costs. Keeping the fed funds rate ...More
EJ Insight2018-11-09
... S Federal Reserve chair Ben Bernanke famously characterized this much-studied phenomenon as a key component of the “global savings glut.” Thus, instead of leading to lower global real interest rates, ...More
EJ Insight2018-11-08
... ng banks’ reserve requirements four times, after offsetting maturing medium-term lending facility loans, Yi said. But private firms, which account for 60 percent of the country's gross domestic produc ...More
EJ Insight2018-11-07
A fear of negative interest rates kept the US Federal Reserve from raising rates earlier than some policymakers had hoped, according to Stanley Fischer, the central bank's former vice chairman. "The p ...More
EJ Insight2018-11-05
... e Federal reserve normalization. What will the next crisis look like? Nothing like the last one, in my opinion. Contagion is much more difficult because there have been some lessons learnt from the Le ...More
EJ Insight2018-11-02
... expected reserve requirement ratio (RRR) cut next January, we expect future supportive policy actions to be measured. The government’s priority is to avoid a financial blow-up.” New export orders, an ...More
EJ Insight2018-10-31
... e US Army Reserve was arrested in Chicago for working for Chinese intelligence to recruit engineers and scientists, including some who worked for US defense contractors. Earlier this month, the Justi ...More
EJ Insight2018-10-31
... e Federal Reserve Board and University of Nottingham’s Giammario Impullitti, we find that protectionist policies discourage innovation by domestic companies, and thereby hamper growth. When you close ...More
EJ Insight2018-10-29
... ernment’s reserve price for the site," the lands Department said last week. The plot is located at a premium spot on The Peak, with the property seen yielding total gross floor area of 404,300 square ...More
EJ Insight2018-10-22
... ts fourth reserve requirement ratio cut of 2018 to cut funding costs, while the government has signaled it would increase infrastructure spending. Regulators have emphasized in recent months the need ...More
EJ Insight2018-10-22
