Tuesday, 02 June 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Friday, 29 May 2020 22:56 WIB

Federal Reserve Chairman Jerome Powell said the central bank's long-awaited program to lend to small- and medium-sized businesses is about to get off the ground. The Main Street lending facility, which will target companies with up to 15,000 employees, has been difficult to set up but is just about ready, Powell told Princeton University economist and former Fed official Alan Blinder in a webinar interview Friday. "We're days away from making our first loans in Main Street, he said. "We have three facilities that are part of it. They're meant to reach out to different parts of that...

RECENT NEWS
BOE Notes Rising No-Deal Brexit Risk as Rate Kept Unchanged
Thursday, 20 June 2019 18:20 WIB | BOE

The Bank of England said the perceived risk of crashing out of the European Union without a deal had risen as they unanimously voted to keep policy unchanged. While officials, led by Governor Mark Carney, said they still see the need for interest-rate hikes in coming years if their forecasts bear out, they also acknowledged that investors are taking a different view than the bank's assumption of a smooth Brexit. That has pushed down the pound and market expectations for future interest rates, the Monetary Policy Committee said in the minutes of its June meeting.  The market moves...

BOJ Stands Pat as Fed and ECB Signal Possible Rate Cuts Ahead
Thursday, 20 June 2019 10:19 WIB | Ekonomi Jepang Bank of Japan BOJ

The Bank of Japan kept monetary policy unchanged Thursday, just hours after the Federal Reserve became the latest central bank to signal a willingness to cut interest rates in the face of rising threats to economic growth. The BOJ maintained its interest rates and asset purchases, it said in a statement. All 50 economists surveyed by Bloomberg had predicted no change. Governor Haruhiko Kurodas views on the economic outlook and the possibility of additional stimulus will be in focus when he holds a news conference at 3:30 p.m. He is likely to reaffirm his willingness to add...

Fed holds rates steady, signals cuts possible later this year
Thursday, 20 June 2019 01:40 WIB | Federal Reserve The Fed Fiskal & Moneter

The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation. The U.S. central bank said it œwill act as appropriate to sustain the economic expansion as it approaches the 10-year mark and dropped a promise to be œpatient in adjusting rates. Nearly half its policymakers now show a willingness to lower borrowing costs over the next six months. While new economic projections showed...

BoE's Carney: BoE retains the ability to relaunch term funding scheme as necessary
Tuesday, 18 June 2019 21:43 WIB | ECB BOE Mark Carney,

While speaking at the policy panel at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, Bank of England Governor Mark Carney said that in exceptional circumstances, like Brexit, the Monetary Policy Committee (MPC) could extend the horizon over which it returns to the inflation target. Key quotes : Says his comments at ECB panel have no bearing on BoE policy announcement on Thursday. It has been critical for the Bank of England to pursue flexible inflation targeting. Flexibility cannot be used without limit, MPC has set out framework for policy...

Draghi Says More Stimulus Needed If Outlook Doesn't Improve
Tuesday, 18 June 2019 15:17 WIB | Draghi Mario Draghi

ECB President Mario Draghi says risk outlook œremains tilted to the downside, and more stimulus will be needed if the outlook doesnt improve. Says interest-rate cuts and more QE are part of its arsenal. ECB has headroom for more asset purchases. œThe prolongation of risks has weighed on exports and in particular on manufacturing. In the absence of improvement, such that the sustained return of inflation to our aim is threatened, additional stimulus will be required Also says ECB is able to enhance forward guidance by œadjusting its bias and its conditionality to...

Minyak WTI Berjangka Pertumbuhan Ekonomi China USD CSI 300 SahamAS Emas Bullion EMAS Indeks berjangka AS PMI France Retail Sales Indeks Dolar Saham FTSE100 Ekonomi Australia S&P 500 Futures Retail
FISCAL
Fed's Powell: 'Medical Metrics' Most Important Data for U.S. Economy Now: CBS
Monday, 18 May 2020 08:06 WIB

The most important data for the U.S. economy right now are the "medical metrics around the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said Sunday night in broadcast remarks...

MONETARY
RBA cuts Official Cash Rate by 25 bps to 0.50%, AUD/USD jumps
Tuesday, 3 March 2020 10:38 WIB

At its March monetary policy meeting on Tuesday, the Reserve Bank of Australia (RBA) cut its official cash rate (OCR) by 25bps to a record low of 0.50%, as they weighed in the coronavirus outbreak...