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

Search Results

Showing 121 - 130 of 214 results for "Federal Reserve Chairman"

Best laid plan

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2009
... Mark II" and spend, spend, spend. Well I guess, now that Wall Street is back in a jolly good mood, US Federal Reserve Chairman Ben Bernanke thought it wise to jump the gun by laying out his exit plan to Congress before market clamour for it grows loud ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 JUL 2009
... closed with modest gains on Tuesday in choppy trade as the market weighed improved earnings reports and Federal Reserve chairman Ben Bernanke's cautious comments about economic recovery. The Dow Jones Industrial Average added 67.79 points, or 0.77 per ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 MAY 2009
... markets also digested better-than-expected data on the US trade deficit and reassuring comments from Federal Reserve chairman, Ben Bernanke, about the health of the banking system. The Dow Jones Industrial Average was up 50.34 points, or 0.60 per cent ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 MAR 2009
... $US200 billion to buy up securities linked to various types of loans and credit cards. But some said Federal Reserve chairman Ben Bernanke's comments in Congress indicated the banking system is not yet on the mend. The Dow Jones industrial average gave ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
... and other US government creditors now wringing their hands. The jury is still out on America. Even US Federal Reserve Chairman Ben Bernanke is hedging his bet. In his testimony before Congress overnight, he remarked that, 'significant stresses remain ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 FEB 2009
... index lost 19.1 points, or 0.58 per cent, to 3,285 - its lowest close since February 5, 2004. NEW YORK - Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Bernanke told Congress Monday that the recession might ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... Federal funds target rate below 1 per cent is certainly feasible. This was the statement delivered by US Federal Reserve Chairman Ben Bernanke in his speech before the Greater Austin Chamber of Commerce in Texas. Financial markets practically ignored ...

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
Those of you who still remember the 'Maestro' - former US Federal Reserve Chairman Alan Greenspan - would also recall one of his musings, the long-term interest rate conundrum. In his testimony before the US Congress in February 2005, Greenspan declared ...

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
... pre-crisis margin of 9 basis points. Nevertheless, the downward trend in USD Libor rates is encouraging. US Federal Reserve Chairman, Ben Bernanke's testimony before the House of Congress' Budget Committee also inspired investor confidence. In his testimony ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 OCT 2008
... Street surged on a burst of optimism Monday, on more signs of a reviving credit market and comments from Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average added 413.21 points, or 4.67 per cent, to 9,265.43. The Nasdaq composite ...