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Showing 151 - 160 of 994 results for "US Federal Reserve"

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 ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... The US and the UK have stronger labour markets than Australia, yet wages growth there remains low. Still, the US Federal Reserve and the Bank of England went ahead and raised interest rates, highlighting the truism of BOE Governor Mark Carney's words ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... not expected to move on interest rates at its 31 July-1 August meeting, the latest growth figures give the US Federal Reserve the green light if it decides to do so to prevent the risk of the economy from overheating. At the same time, it could assert ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently, in his mind the Fed's rate rises are undermining "all that we have done". Two interest rate hikes so far this ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... find workers, and you're wondering, well, why aren't wages going up faster?" These were the words of US Federal Reserve Chairman Jerome Powell in his interview with Kai Ryssdal - host and senior editor of Marketplace. These words also perfectly ...