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Showing 221 - 230 of 427 results for "FOMC"

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
... hold your horses, hang on a moment! Isn't that day coming soon (for the US, at least)? Didn't the minutes of the 17-18 June FOMC meeting "forward guided" you, I and Irene that the end of QE is coming following the Fed's October meeting? "If the economy ...

Life's a bargain

BENJAMIN ONG  |  FRIDAY, 18 JUL 2014
... considerable and/or it might slow/stall tapering or even increase purchases - "asset purchases are not a preset course" (FOMC statement). However, no rational human being can take delight at man's inhumanity to man. It is human life that has now become ...

Run with bulls

BENJAMIN ONG  |  TUESDAY, 15 JUL 2014
... not with the central bank offering almost perpetual succour or for as long as they could. The minutes of the Fed's 17-18 FOMC meeting reminded us of this and chances are Aunt Janet Yellen would repeat that now all too familiar refrain, "... that it likely ...

Fed alert to market reaction to Fed action

BENJAMIN ONG  |  THURSDAY, 10 JUL 2014
... Irene were reminded again of this again last night with the release of the minutes of the Federal Open Market Committee's (FOMC) 17-18 June meeting. The financial press mostly latched on the minutes' blah, blah on the Fed's exit strategy, its concern ...

Here we go again

BENJAMIN ONG  |  WEDNESDAY, 9 JUL 2014
... then it stopped and went up. Why? Because - whether or not he was sent by Aunt Janet - Fed Bank of New York President and FOMC voting member William Dudley told us that day that "the pace of eventual rate increases "will probably be relatively slow," ...

US bond yields zipped by ZIRP?

BENJAMIN ONG  |  MONDAY, 30 JUN 2014
... happening despite the Fed reducing its US Treasury purchases by US$5 billion at each and every Federal Open Markets Committee (FOMC) meeting starting in January this year. Successive tapering have reduced the Fed's purchase of US Treasuries from US$45 ...

James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
... they say, "in a world of fools, the sane man is the fool". But Fed Chair Janet Yellen and the nine "voting" members of the FOMC are certainly no fools - dear James is a non-voting member. And only last week, they told us that, "In determining how long ...

Steady as she goes

BENJAMIN ONG  |  THURSDAY, 19 JUN 2014
... thinning scalp when I was clicking over what she said last night. Aunt Janet learns fast! Two Federal Open Market Committee (FOMC) meetings after her 19 March (and first as head of the Fed) boo-boo, she learned. Remember that time? The time when she ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
... that Fed Chair Janet Yellen's forward guidance -- that "a high degree of monetary accommodation remains warranted" and the FOMC would not be in a rush to lift interest rates - is working as she desires. This, or the bond market still doubts that the ...

Easy CBs

BENJAMIN ONG  |  THURSDAY, 22 MAY 2014
... about. There was nothing new in the Fed minutes that were released overnight. Monetary policy will remain easy because the FOMC does not "face a trade-off between its employment and inflation objectives..." - low inflation enables it to continue driving ...