Tag: Monetary Policy

New Zealanders Must Continue To Take The Interest Rate Rise Medicine!

The NZ Monetary Policy Committee today increased the Official Cash Rate (OCR) from 3.5 percent to 4.25 percent. Core consumer price inflation is too high, employment is beyond its maximum sustainable level, and near-term inflation expectations have risen.

Demand in the New Zealand economy has remained resilient. Worker shortages are holding the economy back and increasing inflation. Global developments are adding to inflation in New Zealand but weakening our economic growth outlook. Higher interest rates are needed to meet our inflation and employment objectives

So, The Committee agreed that the OCR needs to reach a higher level, and sooner than previously indicated, to ensure inflation returns to within its target range over the medium term.

Go to the Walk The World Universe at https://walktheworld.com.au/

The Market’s Twisted Hands…. [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In another wild week, where FED speak on one hand, and hopium on the other drove markets all over the show, the Dow ended higher on Friday as investors weighed up further hawkish remarks from Federal Reserve officials, and the latest wave of quarterly results from retailers. Looking to the shortened trading week ahead, the Fed’s minutes from its October meeting will garner investor attention for clues on the central bank’s thinking on monetary policy.

Chief Hawk, St. Louis Fed President Bullard said this week that “Thus far, the change in the monetary policy stance appears to have had only limited effects on observed inflation,” in an analysis by the St. Louis Fed that debated the appropriate rate regime for the central bank after six increases since March.

  • CONTENTS
    0:00 Introduction
    0:40 US Monetary Policy
  • 4:15 US Markets
  • 6:00 Oil
    12:22 Gold
    15:20 Europe and UK
  • 18:00 ECB Monetary Policy
  • 21:10 Asia
    25:02 Australia
  • 27:30 Crypto Winter
    28:10 Close

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
The Market’s Twisted Hands.... [Podcast]
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The Market’s Twisted Hands….

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In another wild week, where FED speak on one hand, and hopium on the other drove markets all over the show, the Dow ended higher on Friday as investors weighed up further hawkish remarks from Federal Reserve officials, and the latest wave of quarterly results from retailers. Looking to the shortened trading week ahead, the Fed’s minutes from its October meeting will garner investor attention for clues on the central bank’s thinking on monetary policy.

Chief Hawk, St. Louis Fed President Bullard said this week that “Thus far, the change in the monetary policy stance appears to have had only limited effects on observed inflation,” in an analysis by the St. Louis Fed that debated the appropriate rate regime for the central bank after six increases since March.

  • CONTENTS
    0:00 Introduction
    0:40 US Monetary Policy
  • 4:15 US Markets
  • 6:00 Oil
    12:22 Gold
    15:20 Europe and UK
  • 18:00 ECB Monetary Policy
  • 21:10 Asia
    25:02 Australia
  • 27:30 Crypto Winter
    28:10 Close

Go to the Walk The World Universe at https://walktheworld.com.au/

The Biggest Drop In Living Standards In Many Decades… [Podcast]

A quick market update and a deep dive in the UK’s budget announcement, which was as political as it gets! The headline is households will go backwards, as unemployment rises, and a 2-year recession is likely. Worse, personal income tax bands are frozen, so the total tax take will be bigger than ever!

Investment allowances have been cut, and the future Government spending cuts have been pushed out beyond the next election.

The cost of debt to the Government rises.

This scenario is one we should expect to see playing out in other economies too. Living standards will drop.

Today’s post is brought to you by Ribbon Property Consultants.

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
The Biggest Drop In Living Standards In Many Decades... [Podcast]
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The Biggest Drop In Living Standards In Many Decades…

A quick market update and a deep dive in the UK’s budget announcement, which was as political as it gets! The headline is households will go backwards, as unemployment rises, and a 2-year recession is likely. Worse, personal income tax bands are frozen, so the total tax take will be bigger than ever!

Investment allowances have been cut, and the future Government spending cuts have been pushed out beyond the next election.

The cost of debt to the Government rises.

This scenario is one we should expect to see playing out in other economies too. Living standards will drop.

Today’s post is brought to you by Ribbon Property Consultants.

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Is A 5% Fed Rate On The Cards?

The latest US sales data and GDPNow data signals the potential for higher rates, with some now talking about 5%, as Fed officials talk up more rises in the months ahead.

Results from retail were weaker, and some high-tech also, but markets are beginning to think about higher rates again, after the Fed continues to battle inflation. Mary Daly says a pause is off the table.

As a result, the markets had another down day.

Today’s post is brought to you by Ribbon Property Consultants.

Another Topsy Turvy Day!

Monday ended up a down day on Wall Street ‘s main indexes ended lower on Monday, as investors digested comments from U.S. Federal Reserve officials about plans for interest rate hikes.

Losses accelerated toward the end of the up-and-down session, with focus turning to Tuesday’s producer price index report and markets highly sensitive to inflation data. real estate and discretionary sectors leading broad declines.

The Fed Outings included Christopher Waller on Sunday who said the Fed may consider slowing the pace of increases at its next meeting but that should not be seen as a “softening” in its commitment to lower inflation. Monetary policy tightening “isn’t ending in the next meeting or two”, and Fed Vice Chair Lael Brainard who signalled that the central bank would likely soon slow its interest rates hikes but added that there still was “additional work to do on raising rates.”

“There is still a sensitivity to Fed speak… One was a little hawkish, one was a little dovish,” said Eric Kuby, chief investment officer at North Star Investment Management Corp.

Today’s post is brought to you by Ribbon Property Consultants.

Getting Better Economic Outcomes: With Senator Gerard Rennick [Podcast]

I caught up with Senator Rennick (LNP Queensland) after his recent outings in Senate Estimates and his speech on Superannuation. We explored the broader economic issues which we face, and why we need some different approaches from our regulators and the RBA.

Go to the Walk The World Universe at https://walktheworld.com.au/

Find more at https://digitalfinanceanalytics.com/blog/ where you can subscribe to our research alerts

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Getting Better Economic Outcomes: With Senator Gerard Rennick [Podcast]
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Getting Better Economic Outcomes: With Senator Gerard Rennick

I caught up with Senator Rennick (LNP Queensland) after his recent outings in Senate Estimates and his speech on Superannuation. We explored the broader economic issues which we face, and why we need some different approaches from our regulators and the RBA.

Go to the Walk The World Universe at https://walktheworld.com.au/