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Showing 81 - 90 of 90 results for "Jerome Powell"

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
The neutral interest rate is the Goldilocks level of the fed funds rate - not too cold that it would continue stimulating growth (and lift inflation) and not too hot that it would cause economic activity to slow. Ho-hum. US Federal Reserve Chairman ...

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

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... Treasuries climb by three basis points to 2.89%; and the Bloomberg dollar spot index appreciate by 0.6%. Blame it on Jerome Powell and what he told the Committee on Financial Services of the House of Representatives in his first testimony as head honcho ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... next year when Yellen's stint end. Here, there's good news. At his confirmation hearing, president Trump's nominee, Jerome Powell, basically indicated that he would continue policy along the lines of his predecessor if confirmed. Given, Wall Street's ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... henchmen months, weeks and days before. So too was the well-telegraphed US President Donald Trump's nomination of Jerome Powell. If (when?) approved by the US Senate Powell will replace sitting Fed Chair Janet Yellen on 3 February next year, which is ...

The Fed is Greek too

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2015
... wouldn't come in September or December but in September AND December. According to Reuters, "Federal Reserve Governor Jerome Powell on Tuesday said the U.S. economy could be ready for a first interest rate hike in September followed by a second increase ...

The first is always the best

BENJAMIN ONG  |  THURSDAY, 9 APR 2015
... strong... if second-quarter GDP look like it is bouncing quite sharply". And here's Jerome - sorry, Fed governor Jerome Powell to me - telling his audience at the Council on Foreign Relations in NY that, "Despite slowing in March, job creation has been ...