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

Search Results

Showing 151 - 160 of 397 results for "US President"

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
... call it that) announced on October 11 and slated to commence on the 15th of the same month. To paraphrase former US president Bill Clinton, it's the money, stupid. Here's what the Fed's recently announced "technical measure" (no, it's ...

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 ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
US president Donald Trump might be thinking that it's a small price to pay - sending the US equity market down - in return for his broader objective of getting China to wave the white flag in this seemingly never-ending trade battle. US benchmark ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... IMF's special drawing rights after the US dollar and the euro. It would have been celebrations all around but US President Donald Trump and the recent protests and riots in Hong Kong are raining on the Politburo's parade - both threatening to ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... it's now not only "whatever it takes" but "however long it takes". If you want to know how long, it's as long as US President Trump admits that it's him (and his war on trade) not his neighbours that's generating this downdraft and counter-cyclical ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
It's not me, it's you! Yes Virginia, you, I and Irene are very well aware of US president Donald J. Trump's Twitter attacks on the Fed. The last, most significant one was right after US Federal chair Jerome Powell's speech at Jackson ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... Tennessee - that says, fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September 2002. Yes Virginia, it was the stuff that brought "Bushism" into our collective ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... nations. But there's a precedent Jerome, and its name is the Reciprocal Trade Agreements Act (RTAA), enacted by US president Franklin Roosevelt in 1934 (that replaced the protectionist Smoot-Hawley Act of 1930 ). This led to tit-for-tat lowering ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... be Jerome's biggest test since he assumed the Fed chairmanship since February 2018 - nominated by no less than US President Donald Trump himself. Two things are certain. One, Jerome would be careful not to disappoint financial markets that are expecting ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US president Donald Trump is envious of Chinese president Xi Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he ...