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Showing 101 - 110 of 198 results for "Powell"

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... Reserve indicated that it would not cut interest rates further - currently at 1.5%-1.75% -- because, according to chair Powell: "Our economic outlook remains a favourable one despite global developments and ongoing risks." Nor would the Fed raise the ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome Powell was full of optimism. "Our economic outlook remains a favourable one despite global developments and ongoing risks. With our ...

Chief economist update: Bah humbug

BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
... policies of the Federal Reserve - Which has called interest rates and quantitative tightening wrong from the first days of Jay Powell!" It's the latest update from the Institute of Supply Management (ISM) which shows the manufacturing PMI fell to ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... trade protectionism and greater threats (and outright imposition) of more to follow. Uh-oh. US Federal Reserve chair Jerome Powell wouldn't be too happy with this new development. In his press conference - after the FOMC cut the fed funds rate a ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... strong enough to warrant the withdrawal of monetary policy support. This could be the underlying reason by Fed chair Jerome Powell and Co insist that this "new program" not be labelled QE. It could give a negative connotation with regards to US economic ...

Integrity Life focuses on SMEs

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... provides SMEs with a great way of protecting their greatest asset - their employees," Integrity Life managing director Chris Powell said. Group insurance has traditionally been unavailable for SMEs with less than 20 staff due to the generally high cost ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Integrity Life launches lifetime discount offer

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
... customer's interests must come first, and products must be appropriate for their needs," Integrity Life managing director Chris Powell said. "This simple principle is something that businesses such as ours are seeking to address and to play a valuable ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't disappoint financial market expectations by cutting the fed funds rate another 25 basis points to 1.75%-2% ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... power, and balance sheet..." "The USA should always be paying the lowest rate. No Inflation! It is only the naivete of Jay Powell and the Federal Reserve that doesn't allow us to do what other countries are already doing. A once in a lifetime opportunity ...