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Showing 91 - 100 of 427 results for "FOMC"

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... both of the market and that of the Fed's. The Fed put this in the minutes of its March 20-21 Federal Open Market Committee (FOMC) meeting, noting that "all participants expected inflation on a 12-month basis to move up in coming months." But then explained ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... compiled by the Federal Reserve Bank's in each of 12 Federal Districts and is published approximately two weeks before the Fed's FOMC meeting. Speculators speculating the Fed will keep the fed funds rate unchanged at its 1-2 May meeting would take comfort ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... lifting overall inflation in the economy. This gives credence to the Fed's thoughts revealed in the minutes of the 20-21 March FOMC meeting: "A number of participants indicated that the stronger outlook for economic activity, along with their increased ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... threat on Syria (now retreat) the other day, financial markets would have been dissecting the minutes of the Fed's 20-21 March FOMC meeting. There really was nothing significant except for a sentence alluding to a more aggressive path towards normalisation. ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... was widely expected of it - it raised the fed funds rate target by 25 basis points to 1.5%-1.75% following its 20-21 March FOMC meeting. One sentence in the FOMC statement provides the underlying rationale for its move: "The economic outlook has strengthened ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... 1.5%-1.75% - CME FedWatch Tool has the probability of a rate hike at 94.4% - when the US central bank concludes its two-day FOMC meeting on 21 March. But perhaps, the right statement is not that markets are widely expecting the US Federal Reserve to ...

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

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... stimulative. In this environment, we anticipate that inflation on a 12-month basis will move up this year and stabilise around the FOMC's 2% objective over the medium term. Wages should increase at a faster pace as well." Download The Good Economics ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... beggar-thy-neighbour polices and other non-conventional policy measures. If I'm forced to put a finger on it, the Fed's 20-21 March FOMC meeting will mark the turning point for Wall Street. The Fed could raise the fed funds rate another 25 basis points ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... Street continues, you can bet your bottom dollar that the Fed would remain gentle on interest rates, for as declared in its FOMC statements (past and present), it "takes into account a wide range of information, including measures of labor market conditions ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... goings-on over the past 24 hours. There were no surprises at the Fed's decision to keep policy unchanged at its 30-31 January FOMC meeting. However, it changed its inflation outlook, expecting "Inflation on a 12-month basis... to move up "this year" ...