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Showing 131 - 140 of 182 results for "Powell"

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... the flattening yield curve. Responding to a question by senator Pat Toomey about this and its implication for Fed policy, Powell answered that the FOMC have discussed this but for him, it's the neutral rate of interest that matters more - what is ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... you're wondering, well, why aren't wages going up faster?" These were the words of US Federal Reserve Chairman Jerome Powell in his interview with Kai Ryssdal - host and senior editor of Marketplace. These words also perfectly summed up the results ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... 'Twas a logical explanation at the time and is more or less is along the same line that current Fed Chairman Jerome Powell used - he claims that short term rates are rising because of the hikes and the smaller lift in the long-term yields to safe-haven ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... expressed their concerns at the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June. US Fed Chairman Jerome Powell: "Changes in trade policy could cause us to have to question the outlook...We have a very wide range of contacts in the ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
When Fed chief Jerome Powell tried to explain the US yield curve's flattening as a function of rising short rates because of the rate hikes (and expectations for more) and a smaller lift in the long-term yields because of safe-haven buying, I questioned ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... widely-anticipated 25 basis point hike in the fed funds rate to 1.75%-2% at its FOMC meeting and according to Fed chief Powell, "is another sign that the US economy is in great shape. Growth is strong. Labour markets are strong. Inflation is close to ...

Daido Life buys stake in life insurer

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
... consumer credit insurance suite sold via financial institutions. Integrity Life managing director and chief executive Chris Powell at the time said: "The top 10 life insurers hold 96% market share - we are about to see their number reduced to a top seven ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... projected in December). Still, to quote Robert Burns, "The best laid out plans of mice and men often go awry." While Fed chief Powell noted that the potential for a trade war - sparked by Trump's tariff on steel and aluminium - has not been factored ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... disappointed...they throw a tantrum. There'll be speculations a-plenty as to what has gone wrong with USA Inc. that it prompted the Powell & Co to delay, defer or suspend doing what they telegraphed they would do. However, though an increase in the fed ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
"Stocks, Treasuries Sink on Hawkish Powell Remarks: Markets Wrap" Bloomberg's headline just about sums up last night's activity on Wall Street that saw the S&P 500 index drop by 1.3%; the yield on 10-year Treasuries climb by three basis points to 2.89% ...