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Showing 201 - 210 of 288 results for "Federal Reserve chair"

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
Roll out the printing presses. Cutting the Federal funds target rate below 1 per cent is certainly feasible. This was the statement delivered by US Federal Reserve Chairman Ben Bernanke in his speech before the Greater Austin Chamber of Commerce in ...

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
Those of you who still remember the 'Maestro' - former US Federal Reserve Chairman Alan Greenspan - would also recall one of his musings, the long-term interest rate conundrum. In his testimony before the US Congress in February 2005, Greenspan declared ...

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
Hopeful signs that the squeeze on the credit markets is beginning to loosen gave Wall Street another leg up overnight. The Dow closed 4.7 per cent higher, the S&P 500 ended 4.8 per cent up and the Nasdaq rose by 3.4 per cent at the finish. It was the ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 OCT 2008
The Australian share market is expected to open higher after Wall Street surged overnight. At 0734 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was up 130 points at 4,288. In economic news, Reserve Bank of Australia ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
Volatility ruled financial market activity last week as investors ignored economic data and focused on developments surrounding the US Treasury/Federal Reserve negotiations with Congress over their proposed bail-out package. Equity and bond markets ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 JUL 2008
The Australian stock market is expected to open higher after another steep fall in the oil price eased cost concerns in the US and helped drive Wall St over 2.5 per cent higher. On the Sydney Futures exchange, the September share price index futures ...

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 Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
Market Movers Overnight 15 July "Just when you thought it was safe to get back into the water." This was the movie JAWS 2's tagline back in 1978 and it aptly applies to the global financial markets current predicament. It may not have been a complete ...

Market Movers Overnight: Bernanke's speech

BENJAMIN ONG  |  WEDNESDAY, 9 JUL 2008
Last night US Federal Reserve Chairman Ben Bernanke spoke before the Federal Deposit Insurance Corporation's Forum in Arlington, Virginia, where he stressed that the Fed remains committed to financial stability and that the US Central Bank may extend ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 JUL 2008
The Australian share market is expected to open higher today after US equities gained as the oil price fell and the Federal Reserve chairman indicated the central bank was likely to extend emergency loans to investment firms. Mining and energy stocks ...