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Showing 171 - 180 of 1745 results for "Federal Reserve"

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
The US Federal Reserve has projected rates will remain near zero through 2022 and GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ...

Fed buys up BlackRock ETFs

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
BlackRock has emerged as the biggest winner of the US Federal Reserve's corporate bond buying program, with its ETFs making up around half of the central bank's purchases. The Fed bought US$1.58 billion in investment grade and high-yield ETFs in May ...

Chief economist update: Better than all the rest

BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
... economic downturn will not be severe as earlier thought." This comes only a day following reports that the US Federal Reserve is looking at implementing yield curve control (to step up its support for the economy); the European Central Bank (ECB) warning ...

Plan for the worst, hope for the best

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... market," he said. "When there's liquidity pumped into the system, as we've seen globally and what the [Federal Reserve] has done, then it's really hard to fight that liquidity." Every investor will be negatively impacted in a bear market ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... argues a short-lived bounce in stock prices isn't unheard of. "In late 2008, equities rallied in response to the Federal Reserve's (Fed) first round of quantitative easing and other programs aimed at supporting the economy," he said. "While investors ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... Wall Street Journal published: "The Dow Jones Industrial Average dropped more than 500 points Wednesday after Federal Reserve Chairman Jerome Powell said further stimulus could be needed to support the economy's recovery from the coronavirus-induced ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... local market hasn't rebounded as much as its global counterparts as the RBA has not done as much as the US Federal Reserve to bolster asset prices, he said, but our health and fiscal responses have so far been superior. "My guess is that ultimately ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... relative quality bias and the sizable policy response to the outbreak: large fiscal stimulus coupled with the Federal Reserve's commitment to keep rates low and markets functioning," Boivin said. "We stay underweight on European equities. We see greater ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
US stocks ended in a sea of red on Wednesday as bleak economic data and corporate losses shifted what had been an almost eerily optimistic sentiment towards trade over the last few weeks. US markets had made somewhat of a recovery of late, with the ...