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Showing 211 - 220 of 1108 results for "US Fed"

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
It's 21 days before the US Federal Reserve proclaims to the world that the fed funds rate is 25 basis points higher to 1.5%. Gauging from the CME FedWatch Tool, this is 91.5% certain. I don't think anybody can quibble with this. But one striking point ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US 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 ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
Back in the day - in the 1990s - when I still had a full head of hair, we placed great importance to the Fed's Beige Book report for it was up there with major indicators like employment and inflation that spark major market movements. The US Federal ...

As clear as it gets

BENJAMIN ONG  |  WEDNESDAY, 27 SEP 2017
Seven in two. Seven Fed officials over the past two days have spoken, putting forward their individual rationales over the rationality or not of the Fed's ongoing path towards normalisation given the prevailing strong growth/labour market and below ...

Transparency to the max

BENJAMIN ONG  |  MONDAY, 25 SEP 2017
Oh drat! There were few events last week to provide a nice entry point to equity markets, ones that could instil caution, if not fear, enough for some to trim their holdings and cheapen share prices. But alas! Most share markets closed stronger. These ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
They were just hours apart but the US Federal Reserve and the Bank of Japan's monetary policy decisions were as wide as their geographic locations, perhaps wider. While both central banks kept existing policies unchanged at their September meetings ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
Well that was a bit of an anti-climax, wasn't it? The much-awaited US Federal Reserve's 19-20 September FOMC meeting produced little, if any, surprises. Interest rates were kept on hold this month but will be lifted by another 25 basis points to 1.5% ...

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
Only one thing is certain about floating exchange rates, they float...up and down. A currency's direction would be easier to predict if, and only if, it does not stir up reactions in the macro-economy and central bank policy responses. Take for example ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
Janet's in the house. US Fed Chair Janet Yellen's much-awaited testimony did not differ greatly from what was already divulged in the FOMC statement released on 14 June - when the Fed raised the fed funds rate by 25 basis points to 1%-1.25%. In her ...

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
Recall those days when China was accused of exporting deflation to the rest of the world? The days when dirt cheap "Made in China" products were flooding the rest of the world (they still are). It was so prevalent that in January 2004, the US Federal ...