“Today's report provides something for both the hawks and the doves on the Monetary Policy Committee. It is, however, unlikely to precipitate a change of policy when the Bank next meets.”
Simon Rubinsohn
“The CPI report was very tame. It sort of reflects the comments by Alan Greenspan that even though monetary policy is way too expansive right now, inflation is sufficiently a non-event, a non-problem, so the Fed obviously can wait at this point.”
Anthony Chan
“The CPI report was very tame. It sort of reflects the comments by Alan Greenspan that even though monetary policy is way too expansive right now, inflation is sufficiently a non-event, a non-problem, so the Fed obviously can wait at this point,”
“The report suggests we're one step closer to the Bank of Japan's exit from its current loose monetary policy. That's negative for Japanese government bonds.”
Naomi Hasegawa
“In its assessment of the monetary policy stance, the monetary board noted that prevailing conditions continue to provide room for the [central bank] to keep its policy rates steady in the near term.”
Amando Tetangco
“I think this employment report shows that the laws of gravity do apply to monetary policy,”
“The wording was that monetary policy is still stimulative, which implies further rate hikes down the line. And this morning, when capacity utilization was released, that definitely augured well for another rate hike.”
David Powell
