Results for “Hong Kong Monetary Authority”

while in Asia the shocks to monetary policy are the

and the International Monetary Fund (IMF)

it’s the broadest defense of the Monetary Union so far. On paper

the European Monetary Union (as it is currently configured) could

but monetary policy has become tired. Negative

it appears the central bank has decided to cap its monetary support

the managing director of the International Monetary

winning the Premier League (before this season began, British bookmakers listed them as a 5,000- to-1 shot to emerge as the champion), the Cleveland Cavaliers’ first ever National Basketball Association championship and, of course, the Chicago Cubs winning the World Series for th...

Europe. The average global growth pace of the past 3 months has fallen to only 1.8%, barely more than half of trend. The expectation remains that Q1 should come in at 2.4% as both Japan and the Euro area exit recession. ° While staying overall long risk markets, both credit and...

Entitlement Spending: What The Programs Are and How They Have Evolved | Social Security Act signed into law by President Roosevelt. Created during the Medicare Part D signed Medicare cash height of the Great Depression, the Act into law to provide flow (incl. Trust provides mon...

Emerging market bonds Preference: neutral EMBI Global/CEMBI spread (24 Oct): 281bps / 334bps (last month: 292bps /363bps) UBS View EMBI Global/CEMBI spread target (6-month): 275bps/290bps ¢ Current spread levels of EM sovereign bonds are roughly in line with fundamentals. We th...

China started to ease monetary policy. The country is better placed than other EM

or a surge in inflation that forces the PBoC to significantly tighten monetary policy.

China has started to ease monetary policy. We believe there is also room to do more on the

the chance of further monetary easing (QE3) by the Fed - which is not our