monetary policy – Page 9 – ricardian ambivalence

about that RBA easing bias …

As is well known, the RBA’s easing bias is conditional upon inflation. For a few months now, the RBA has

The FOMC bombed the release of the March 19/20 meeting minutes (accidentally releasing at 2pm Tuesday NY time to a

The WSJ’s Hilsenrath writes that SF Fed Williams wasn’t too worried about last week’s soft NFP report: We just have

The BoJ has obtained a larger than usual move in the JPY in response to last week’s new easing policy

The Japanese Business paper Nikkei reports that the Bank of Japan will kick off their easing campaign with Y1.2tn of

Ben Bernanke made a splash in the late 1990s criticising the Bank of Japan. He argued that the Japanese situation

The April RBA decision was another pause at 3% (last move -25bps to 3% in Dec’12). This was well anticipated

Today’s April RBA meeting is not of much interest for the decision itself. Futures markets imply a 9% probability of

There have been many false dawns in the US recovery, but — at risk of calling the next one —

If you only know one thing about the labour market report, it is probably that the unemployment rate has been

After a period of calm, Eurogeddon is back. The current form is a Cyprus headache. While it is a surprise

The February non farm payrolls report was better than most expected, with establishment employment estimated to grow by 236k jobs