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Showing 91 - 100 of 964 results for "US Federal Reserve"

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... calling for the Australian government to ditch its obsession with a budget surplus months ago. Likewise, the US Federal Reserve, the European Central Bank, the Bank of England, and our very own Reserve Bank of Australia, among others, have been calling ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... it is necessary for maintaining that target in a stable manner". This, in spite of recent developments: The US Federal Reserve has just cut interest rates a second time just at its 17-18 September FOMC meeting just hours before and the European Central ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
US Federal Reserve chairman Jerome Powell's in the Hole - the annual Jackson Hole symposium, that is. Out of or deeper into the (Jackson) hole? Powell's all too aware that he has to mind his Ps and Qs because his every word would be sliced ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... that it has boomeranged to America: "And now 'tis far too huge to be blown out". All eyes and ears are on US Federal Reserve chair Jerome Powell's messaging at the Jackson Hole symposium on August 23. Will he? won't he? bend to Trump's ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... Economy would be greatly and quickly enhanced-good for everyone!"...holds no sway for the independent Fed! The US Federal Reserve "is accountable to the public and the U.S. Congress", not the president of the day. This sharply contrasts with the People's ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... convention since the 'Great Recession'. Just when we thought, things were heading for normality, the US Federal Reserve made an about-face in July, discarding its trek towards policy normalisation and cut the fed funds rate by 25 basis points ...

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... continues to be weak, with the global slowdown and escalating trade tensions posing downside risks." If the US Federal Reserve cut the Fed funds rate again - by 25 bps to 1.75%-2% - as expected (or as Trump wants), other central banks may need to do ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...