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Showing 91 - 100 of 421 results for "FOMC"

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" ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... Fed delivered! The US central bank lifted the fed funds rate by 25 basis points to 1.25%-1.50% following its 12-13 December FOMC meeting - as widely expected and telegraphed but more importantly, as the dot plot of December 2016 (three rate hikes in ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... increases in the federal funds rate will be appropriate to sustain a healthy labor market and stabilize inflation around the FOMC's 2 percent objective. That expectation is based on the view that the current level of the federal funds rate remains somewhat ...

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
Quo vadis inflation? The minutes of the Fed's 31 October - 1 November FOMC meeting revealed Yellen & Co's continued confusion over the unresponsiveness of consumer price inflation to undeniably solid growth in the economy. According to the minutes ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... BOJ Governor Haruhiko Kuroda's continuity at the helm of the central bank. The Fed holds its Federal Open Market Committee (FOMC) meeting on 31 October - 1 November. Although there are other fishes to fry - Trump tax cuts, Trump nomination of new Fed ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
... Reserve districts. And if I may add, it's released approximately two weeks before the Fed deliberates on monetary policy at its FOMC meetings, giving its findings more weight and relevance to the Fed's discussions. But it hasn't received much attention ...