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Showing 1 - 10 of 30 results for "September FOMC"

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... calendars beginning in either mid-November or mid-December." The minutes of the US Federal Reserve's 21-22 September FOMC meeting couldn't be any clearer. It is, perhaps, because of this clarity that, instead of having a tantrum, US equities ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 September FOMC meeting - the first since "the Hole" - and promised "to keep the target range for the federal funds rate at 0 to 1/4 percent ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... spite of recent developments: The US Federal Reserve has just cut interest rates a second time just at its 17-18 September FOMC meeting just hours before and the European Central Bank (ECB) - when they met on the 12th of the same month - lowered the ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... market expectations by cutting the fed funds rate another 25 basis points to 1.75%-2% at the conclusion of the September FOMC meeting. There was little movement in the US financial markets for as Financial Standard declared just three days ago: "Every ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered in regards to another cut (after July's ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... financial markets that are expecting another 25 bps cut that will take the fed funds rate down to 1.75%-2.0% at the September FOMC meeting - 93.5% probability according to CME Group's "FedWatch Tool". Two, Jerome will not acquiesce to Trump's ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... FedWatch Tool now puts the odds that the Fed will remain on hold down to 45.5% (from 51.6% a month ago) at its September FOMC meeting while the probability that it would be dropped by 25 basis points to 2%-2.25% has increased to 44.6% from 38.1%. The ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... inflation. Ergo, the Fed would need to be more aggressive in raising the fed funds rate. At the conclusion of its September FOMC meeting, the Fed's dot plots indicated another three more interest rate hikes in 2019, on top of another one in December ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... 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 be a surprise. ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance sheet normalisation program in October. It's also a straight ...
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