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Showing 41 - 50 of 208 results for "Yellen"

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... sense that it could maintain/raise real disposable incomes. The problem is if low inflation expectations become entrenched (Yellen's current concern). Entrenched low inflation expectations discourage consumer spending - because prices will be the same ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... biggest central banks suggesting that the days of "abnormal" monetary policies are soon to be no more. The Fed's Janet Yellen didn't have to utter a single word about normalisation, it's on its way in the US. She did warn about "rich" asset valuations ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
US Federal Reserve Chair Janet Yellen revealed her thoughts on inflation, inflation expectations and asset valuations when she spoke before the British Academy 'President's Lecture' in London last night. Yellen reiterated the message from the 14 June ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
... "transitory". If it wasn't perturbed by the initial 0.7% estimate, the upgrade to a 1.2% expansion in the first quarter would have Yellen & Co just waiting for the day to pull the rate hike trigger. More so because the upward revision take the year-on-year ...

Fearless forecasting

BENJAMIN ONG  |  THURSDAY, 4 MAY 2017
... Ho-hum. The Fed met and adjourned their 2-3 May FOMC meeting and it was a non-event, announcing no change in policy as Janet Yellen and her merry men see no change in their forecasts. "The Committee expects that, with gradual adjustments in the stance ...

Obamacare one, Trump nil

BENJAMIN ONG  |  MONDAY, 27 MAR 2017
... week prior and down 3.5% from this year's high of 103.21. Reduced number of Fed rate hikes? Good thing Fed chair Janet Yellen was ahead of the game. In her press conference following the FOMC's decision to raise the fed funds rate by 25 bps to 0.75%-1.0% ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... Reuters/Jefferies CRB index closed 1.7% higher signalling optimism over global growth. All these because fairy godmother Janet Yellen did what one and all expected - a 25 basis point lift in the federal funds rate to 0.75%-1.0% last night. "In view of ...

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
... could be three or four or even more if current economic conditions "continue to evolve" in line with Fed expectations as Yellen explained in her testimony before the Senate Banking Committee and the House Financial Services Committee. One that's also ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... funds rate by another 25 basis points when the FOMC concludes its two-day meeting on the 15th of March. Fed Chair Janet Yellen hinted as much when she testified before the Senate Banking Committee (14 Feb) and the House Financial Services Committee (15 ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... expect the Fed to give interest rates another gentle lift. Rate hike speculations gathered momentum after Fed Chair Janet Yellen testified before the Senate Banking Committee (14 Feb) and the House Financial Services Committee (15 Feb). In her testimony ...