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Showing 161 - 170 of 197 results for "Fed Chair"

De-stressing the stress test

BENJAMIN ONG  |  THURSDAY, 7 MAY 2009
Only a couple of weeks ago the US triad - US Federal Reserve, Treasury and Federal Deposit Insurance Corporation (FDIC) - were stressing over how best to release the result of the stress test they issued to 19 of their banks. They found a way. Back ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 MAY 2009
The Australian share market has received flat leads from Wall Street, with key indices, oil and copper ending marginally lower, while precious metals were higher. At 0731 AEST on the Sydney Futures Exchange, the March SPI futures index was up ten points ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
Has the US Treasury had a change of heart or merely trying to get on the good side of its boss-elect President Obama? The US$700 billion Troubled Asset Relief Program (TARP) will no longer buy the TA (troubled assets) under the RP (relief program). ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 OCT 2008
The Australian share market is expected to open significantly lower after US stocks slumped overnight as economic reports there showed the economy is headed for a recession, if not there already. At 0753 AEDT, the December Share Price Index futures ...

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
The current financial market turmoil indicates that one central bank working alone, even if it is the mighty Fed, is unable to contain the panic and restore confidence in the financial system. Locally, the RBA has led the way - but again, this is a ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
... shifting from economic to legal grounds echo the groundswell in the blogosphere and in mainstream media that Paulson and US Fed chair Ben Bernanke haven't synchronised their proposal with what is actually allowed under the law and that they are massively ...

Fed Gloom

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2008
Market Movers Overnight (16 July) Fed Gloom US Federal Reserve Chairman Ben Bernanke's testimony before the US Congress last night catapulted the Australian dollar to a 25-year high in overnight trading. The Australian dollar broke above the US$0.9800 ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUL 2008
The Australian share market is expected to open lower today after US equities fell as investors grappled with renewed worries about the soundness of the financial sector. At 0729 AEST on the Sydney Futures exchange, the September share price index futures ...

Market Wrap - Morning

AAP  |  THURSDAY, 26 JUN 2008
The Australian share market is expected to open higher after US stocks gained overnight as the Federal Reserve kept interest rates unchanged. Resource stocks may fall after commodities including oil, gold and copper declined. At 0755 AEST on the Sydney ...