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Showing 1 - 10 of 18 results for "NY Fed"

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
To understand how the 2023-24 federal budget was built, you need to understand its 2022-23 foundations because just five taxes accounted for 97% of all taxation revenue and just six programs accounted for 71% of all expenditures, with the biggest two ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
A new report ranking US public pension funds by their ability to pay future benefits suggests several will likely go insolvent as a result of COVID-19. The issues facing public pension funds in the US are widely known, and while it's not clear how ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... and other applications." Not only that, Mr. and Mrs. Jones' household would be hit too. As per Factset, stating: "The NY Fed released new research suggesting average US household could pay $831/yr after Trump raised tariffs on $200 billion in Chinese ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... started reversal proceedings by announcing a pause in its quest to bring monetary policy back to normality, punctuated by NY Fed president John Williams' recent comment that the Fed funds rate is now at neutral. The Reserve Bank of Australia (RBA) ...

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
... would likely be appropriate later this year." Wall Street's sanguine reaction to this could be because of comments from NY Fed president William Dudley that there could be a "little pause" in rate hikes when the Fed starts to normalise its BS. Or it ...

Who spooked the greenback?

BENJAMIN ONG  |  FRIDAY, 5 FEB 2016
... inflation target, and financial tightening through the exchange rate and rising risk spreads on financial assets." This echoes NY Fed Dudley's his warning that, further US$ strength could have "significant consequences" on the US economic outlook and ...

US dollar downed

BENJAMIN ONG  |  THURSDAY, 4 FEB 2016
... a plus for oil and other commodity prices. But what caused the sharp reversal in the US dollar overnight? Specifically, NY Fed President William Dudley's comment that, "financial conditions are considerably tighter than they were at the time of the December ...

Fed's plan slips on oil

BENJAMIN ONG  |  THURSDAY, 21 JAN 2016
... inflation outlook, the most concerning is the possibility that inflation expectations become unanchored to the downside" (NY Fed pres Dudley) and "Low inflation expectations may keep actual inflation lower, all else equal, making it more difficult for ...

Industry funds ink CIPR annuities deal

DARREN SNYDER  |  TUESDAY, 27 OCT 2015
Three industry superannuation funds have leapt to the development of Comprehensive Income Products for Retirement (CIPRs) after a major partnership with Challenger Limited was announced today. The partnership was announced at Challenger's Annual General ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
... there's still around a 33% likelihood that the Fed would, if the Fed could. But expanding on his colleague's thoughts, NY Fed president William Dudley commented overnight that, "The recent economic news suggests the economy is slowing and we have these ...
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