... S Federal Reserve chairman Ben Bernanke hinted that he might scale back monetary easing. The peso was 16.7 percent weaker in January compared with the same month in 2013. But slowing remittances also ...More
EJ Insight2016-02-15
With financial markets in fresh turmoil, leading central banks will try to shore up investor confidence through various means. In the US, the Federal Reserve might put a brake on rate hikes due to ec ...More
EJ Insight2016-02-13
... e Federal Reserve enacting several rate hikes in the near term becomes increasingly unlikely. Previously it was believed that the Fed would hike rates as many as four times this year. But now the expe ...More
EJ Insight2016-02-11
The US Federal Reserve is unlikely to reverse its plan to raise interest rates further this year, its chairwoman, Janet Yellen, told US lawmakers Wednesday. She acknowledged that tighter credit market ...More
EJ Insight2016-02-11
... exchange reserves after years of currency appreciation. That has acted as ballast for the redback. In June 2014, the country's foreign exchange reserves reached a peak of US$3.99 trillion. However, t ...More
EJ Insight2016-02-10
... heir gold reserves. For instance, China added 104 tons of gold to its reserves in the second half of 2015. The amount accounts for nearly 2 percent of the country's total foreign reserves. Individual ...More
EJ Insight2016-02-09
... S Federal Reserve refraining from raising interest rates next month. No matter whether the BoJ injects liquidity by buying more treasury bonds or reduces the interest rate to below zero, smart money w ...More
EJ Insight2016-02-04
... n Federal Reserve chairman Paul Volcker raised the interest rate to 1.8 percent, thereby subduing high inflation. Since then, interest rates have gone down and the US economy recovered. This created a ...More
EJ Insight2016-02-03
... S Federal Reserve's tightening stance. It is possible that Hong Kong banks will start raising interest rates in April or even earlier. While the credit, real estate and economy cycles have peaked out ...More
EJ Insight2016-02-02
... S Federal Reserve to reverse its interest rate normalisation course. Opinions here are of the author and do not necessarily reflect those of his employer. -- Contact us at [email protected] RC ...More
EJ Insight2016-02-01
... r Federal Reserve chairman Ben Bernanke, dubbed “Helicopter Ben” for suggesting that that he would drop money from a helicopter to fight deflation, set the money-printing machines in motion during the ...More
EJ Insight2016-02-01
... g foreign reserves that will help them in repaying their debts. Data shows their foreign reserve pool has grown to US$8.4 trillion by the end of 2014 from only US$0.9 trillion in 1990. Still, their he ...More
EJ Insight2016-02-01
... e Federal Reserve has signaled four rate hikes are likely in 2016 but the market expects just one or two. Continued market turmoil and subdued inflation could hold back the Fed from hiking interest ra ...More
EJ Insight2016-01-29
... e Federal Reserve started raising interest rates. More importantly, a strong dollar is likely to erode the city's competitive advantages. Hong Kong should have cut interest rates given the city's weak ...More
EJ Insight2016-01-29
Does China have enough foreign exchange reserves to defend the yuan? In principle, yes. In practice, maybe not. According to a methodology developed by the International Monetary Fund, reserve adequa ...More
EJ Insight2016-01-29
... S Federal Reserve on Wednesday decided the leave the benchmark interest rate unchanged, the Hong Kong Economic Journal reported on Friday. Hang Seng Bank Ltd. (00011.HK) executive director Andrew Fung ...More
EJ Insight2016-01-29
... S Federal Reserve - and other major central banks - faces significant challenges. While the Fed was finally able to raise rates from zero, the question is for how long? Remember, the European Central ...More
EJ Insight2016-01-28
US interest rates were left unchanged on Wednesday, signaling the Federal Reserve has accounted for the stock market selloff. Policymakers said they are "closely monitoring" global economic and financ ...More
EJ Insight2016-01-28
... . Foreign reserves are a necessary tool to keep the exchange rate stable. China recorded a US$595 billion trade surplus in 2015, but its foreign exchange reserves fell by US$513 billion, indicating th ...More
EJ Insight2016-01-27
... S Federal Reserve launched the first round of QE in late 2008. And loose monetary policy also bolstered bond markets. Companies got busy with mergers and acquisitions amid booming equity and debt mark ...More
EJ Insight2016-01-27