Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 100+ results for "US Federal Reserve"

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% at the conclusion of its 18-19 December FOMC meeting. This is due ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
We may have a Santa Claus rally this year after all! US Federal Reserve chairman Jerome Powell spooked us all - in the Halloween month of October - when, in an interview with PBS, he declared that: "The really extremely accommodative low interest rates ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... can be sub-contracted to Mexico or China - easing domestic inflation pressures that, in turn, will keep the US Federal Reserve at bay. I bet Trump's already preparing his tweet when the Fed lifts rates next month.

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... the US National Accounts would surely give President Donald Trump more ammunition on his verbal attack on the US Federal Reserve. This is because despite persistently strong and unquestionably above-potential growth in the US economy, inflation as measured ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... been underscored by the policy decisions of their respective central banks on the same day - 26 September. The US Federal Reserve raised the fed funds rate by 25 bps to 2.0%-2.25% on the day, the dot plots indicated that there'll be three more 25 ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... US had been growing and growing and growing, primarily boosted by Trump's tax cuts and fiscal spend. The US Federal Reserve while on a path towards higher interest rates, is doing it gently, gently. Don't get me wrong, I want (need) the US equity ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
Emerging markets had been rallying even before 2017 turned into 2018, outperforming developed markets - 27.8% versus 16.3% - at the end of last year. Those were the days of synchronised growth upswing, given more oomph by Trump's declared corporate ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... around the middle of 2016 - one that's puzzling central bankers around the world and recently voiced out by US Federal Reserve Chairman Jerome Powell. It appears that, for Australia's labour market, at least, growth in wages has tightened more ...