US Federal Reserve
Unusually large jumps in local wholesale swap rates, followed by an 11 year high for the main US Treasury benchmark, are putting mortgage borrowers on notice that they face even higher rates in the very near future
15th Jun 22, 9:26am
50
Unusually large jumps in local wholesale swap rates, followed by an 11 year high for the main US Treasury benchmark, are putting mortgage borrowers on notice that they face even higher rates in the very near future
James K. Galbraith thinks Chairman Jerome Powell will get credit for a decline in US inflation that would have happened anyway
10th May 22, 9:40am
5
James K. Galbraith thinks Chairman Jerome Powell will get credit for a decline in US inflation that would have happened anyway
Thursday breakfast briefing: US Fed hikes, eyes quantitative tightening from June, EU to ban Russian crude oil
5th May 22, 7:30am
117
Thursday breakfast briefing: US Fed hikes, eyes quantitative tightening from June, EU to ban Russian crude oil
Central banks are carrying heavily loaded balance sheets after coming to the rescue in the GFC and now the pandemic. Now they want to end the piling-on. We assess how much they are carrying and how the loads compare
27th Jan 22, 10:18am
21
Central banks are carrying heavily loaded balance sheets after coming to the rescue in the GFC and now the pandemic. Now they want to end the piling-on. We assess how much they are carrying and how the loads compare
Stephen Roach warns that American monetary policymakers are so far behind the inflation curve that they can't even see it
25th Jan 22, 9:59am
39
Stephen Roach warns that American monetary policymakers are so far behind the inflation curve that they can't even see it
John Cochrane thinks the world's most important central bank has lost its way and should get back to basics
22nd Jan 22, 1:37pm
18
John Cochrane thinks the world's most important central bank has lost its way and should get back to basics
Otmar Issing worries that central banks are ignoring potential new sources of upward price pressures and uncertainty
17th Jul 21, 9:32am
7
Otmar Issing worries that central banks are ignoring potential new sources of upward price pressures and uncertainty
Alison Brook takes a look at what's going on with inflation. Is its rise being driven by transitory factors, or is there more to it?
26th Jun 21, 8:46am
61
Alison Brook takes a look at what's going on with inflation. Is its rise being driven by transitory factors, or is there more to it?
Stephen Roach is getting that 1970s feeling from the Federal Reserve's sanguine view of recent price data
26th May 21, 9:49am
27
Stephen Roach is getting that 1970s feeling from the Federal Reserve's sanguine view of recent price data
Willem Buiter explains why the American central bank must expand its balance sheet to accommodate additional fiscal stimulus
27th Jan 21, 9:44am
8
Willem Buiter explains why the American central bank must expand its balance sheet to accommodate additional fiscal stimulus
Otmar Issing offer four reasons why other central banks should be wary of emulating the new US monetary-policy strategy
4th Oct 20, 9:30am
8
Otmar Issing offer four reasons why other central banks should be wary of emulating the new US monetary-policy strategy
Roger J Kerr believes RBNZ Governor Adrian Orr is using the threat of negative interest rates as part of his 'jawboning' tactic to depreciate the value of the Kiwi dollar
18th May 20, 8:39am
32
Roger J Kerr believes RBNZ Governor Adrian Orr is using the threat of negative interest rates as part of his 'jawboning' tactic to depreciate the value of the Kiwi dollar
Koichi Hamada predicts that economies like Japan will have little choice but to pursue post-pandemic monetary expansion
9th May 20, 10:42am
5
Koichi Hamada predicts that economies like Japan will have little choice but to pursue post-pandemic monetary expansion
Roger J Kerr says the economic prospects have now changed positively enough for the Government to pull back from picking winners to prevent the longterm distortions that would impose
27th Apr 20, 10:41am
31
Roger J Kerr says the economic prospects have now changed positively enough for the Government to pull back from picking winners to prevent the longterm distortions that would impose
Roger J Kerr says New Zealand has an opportunity to get an advantage from the current adversity. We have done it before. It just requires brave/bold leadership and execution
20th Apr 20, 10:58am
27
Roger J Kerr says New Zealand has an opportunity to get an advantage from the current adversity. We have done it before. It just requires brave/bold leadership and execution
Roger J Kerr says earlier tough medicine will lead to an earlier economic recovery and that the Aussie dollar will benefit from Chinese recovery stimulus - as will we
13th Apr 20, 10:17am
9
Roger J Kerr says earlier tough medicine will lead to an earlier economic recovery and that the Aussie dollar will benefit from Chinese recovery stimulus - as will we
Roger J Kerr wonders if New Zealand's perceived agility will enable an earlier economic recovery for us
6th Apr 20, 8:16am
40
Roger J Kerr wonders if New Zealand's perceived agility will enable an earlier economic recovery for us
Roger J Kerr says If the New Zealand economy can 'dodge a bullet', with relatively less negative economic impact than other economies, it is difficult to see the NZ dollar going down in value
30th Mar 20, 8:18am
9
Roger J Kerr says If the New Zealand economy can 'dodge a bullet', with relatively less negative economic impact than other economies, it is difficult to see the NZ dollar going down in value
Roger J Kerr says the Kiwi dollar is caught in the crossfire of US investors retreating to home base
23rd Mar 20, 7:44am
13
Roger J Kerr says the Kiwi dollar is caught in the crossfire of US investors retreating to home base
US Fed makes a Sunday afternoon rate cut to zero and said it would buy US$700 bln in US Treasuries and mortgage-backed securities
16th Mar 20, 10:29am
8
US Fed makes a Sunday afternoon rate cut to zero and said it would buy US$700 bln in US Treasuries and mortgage-backed securities
Roger J Kerr says the pandemic panic will keep the Kiwi dollar under pressure (and watch out for incoming billionaires)
16th Mar 20, 7:15am
6
Roger J Kerr says the pandemic panic will keep the Kiwi dollar under pressure (and watch out for incoming billionaires)
Roger J Kerr sees China, Australia and New Zealand in much better fiscal position to battle economic effects of Covid-19, and that the greenback is starting to be seen as weakened by the crisis
9th Mar 20, 7:24am
28
Roger J Kerr sees China, Australia and New Zealand in much better fiscal position to battle economic effects of Covid-19, and that the greenback is starting to be seen as weakened by the crisis
Roger J Kerr doubts monetary policy easing will have much impact on a biologic and supply-side shock but may still happen as part of a general over-reaction by financial and investment markets
2nd Mar 20, 7:30am
25
Roger J Kerr doubts monetary policy easing will have much impact on a biologic and supply-side shock but may still happen as part of a general over-reaction by financial and investment markets
Roger J Kerr says despite the current turbulence in global markets, New Zealand's relative economic position is not diminished
24th Feb 20, 8:54am
1
Roger J Kerr says despite the current turbulence in global markets, New Zealand's relative economic position is not diminished
Roger J Kerr believes as the coronavirus economic impact plays out foreign exchange markets will recognise that the Kiwi and Aussie dollars have been oversold in the initial negative reaction to the outbreak of the virus
17th Feb 20, 8:43am
4
Roger J Kerr believes as the coronavirus economic impact plays out foreign exchange markets will recognise that the Kiwi and Aussie dollars have been oversold in the initial negative reaction to the outbreak of the virus