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Showing 91 - 100 of 111 results for "Federal Reserve Bank"

No instant gratification

BENJAMIN ONG  |  THURSDAY, 16 OCT 2008
... European equity markets slumped again as downbeat US economic data released overnight brought home this point. Federal Reserve Bank of San Francisco President Janet Yellen underscored this point remarking that, 'Virtually every major sector of the economy ...

Investment titans now governed by Fed

COMPANY RELEASES  |  MONDAY, 22 SEP 2008
... firm said in a statement. The new status is also expected to provide Morgan Stanley ongoing access to the Federal Reserve Bank Discount Window and more funding avenues, if needed. As part of the process, Morgan Stanley will convert its Utah industrial ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... Treasury's current borrowing program, with the proceeds from these auctions to be maintained in an account at the Federal Reserve Bank of New York. Funds in this account serve to drain reserves from the banking system, and will therefore offset the reserve ...

AIG Australia insulated from US woes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
... arrangement. "The Federal Reserve Board on Tuesday, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG) under section 13(3) of the Federal ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 JUN 2008
... lower after a mostly weaker performance on Wall Street overnight as inflation worries were stoked after US Federal Reserve Bank chairman, Ben Bernanke, said the Fed would work hard to keep inflation expectations in check. At 0800 AEST on the Sydney Futures ...

Mohl joins CBA board

RUTH LIEW  |  FRIDAY, 16 MAY 2008
... position of deputy head of research at the Reserve Bank of Australia. He also worked on secondment at the Federal Reserve Bank of New York in 1983/84. John Schubert, chairman of CBA said Mohl is very highly regarded, adding that the bank looked forward ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 MAR 2008
The Australian share market is expected to open sharply higher as Wall Street surged after The Federal Reserve Bank (Fed) cut its main lending rate by three-quarters of a percentage point to 2.25 per cent. At 0740 AEDT on the Sydney Futures Exchange ...

Market Wrap - Morning

AAP  |  FRIDAY, 22 FEB 2008
... slightly more than one per cent, as economic data added to worries about a US recession. The Philadelphia Federal Reserve Bank said a manufacturing slowdown in the US mid-Atlantic region this month reached its deepest in seven years, while oil futures ...

Market Wrap - Morning

AAP  |  FRIDAY, 18 JAN 2008
... and news of a hefty loss by brokerage Merrill Lynch fuelling worries about the economy. The Philadelphia Federal Reserve Bank report, which showed that industrial activity in the mid-Atlantic region contracted much more than expected in January, in the ...

Market wrap

AAP  |  THURSDAY, 29 NOV 2007
... foot from a strong Wall Street lead and renewed optimism in the local banks. US financial stocks rose after Federal Reserve Bank Vice-Chairman Donald Kohn reinforced expectations of another US interest rate cut next month. At 1015 AEDT, the benchmark ...