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Showing 11 - 20 of 22 results for "Chicago Fed"

Good or bad, it's all good

BENJAMIN ONG  |  TUESDAY, 24 JUN 2014
... from 56.4 in May - nor the 4.9% jump in US existing home sales in May that followed April's 1.5% increase nor the Chicago Fed's National Activity Index that went from minus 0.15 in April to plus 0.21 in May.... and get this, these improvements are happening ...

The good, the good and the dollar-A

BENJAMIN ONG  |  TUESDAY, 23 JUL 2013
... weak reports - existing home sales fell by 1.2% to a less than expected 5.1 million annualised rate in June and the Chicago Fed National Activity Index remained in negative territory last month. Whoopsie! Sorry, I should have typed "because of" weak ...

They will or they won't

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2012
... announce an extension of its zero interest rate policy. If not, "It is even possible that the committee would adopt Chicago Fed President Evans' proposal to signal no rate hikes until the unemployment rate has fallen to a specific level (in Evans' version ...

QE hope - must be getting tough again?

BENJAMIN ONG  |  WEDNESDAY, 13 JUN 2012
Ho-hum. Some may find riding the current stock market see-saw exciting but I'm beginning to get bored. Certainly what we're going through right here, right now is the stuff histories are made of, but there's only so much a man can take - especially ...

There's the good news and there's the good news

BENJAMIN ONG  |  FRIDAY, 27 APR 2012
... Unemployment Near 10% Cameron Braces for U.K. Confidence Shock on Recession Return And here's another from forexpros.com, "Chicago Fed Index Posts Third Straight Decline" Yet Wall Street decided to go up anyways. Warning, self-gloating ahead. Last 11 ...

I'm still standing

BENJAMIN ONG  |  FRIDAY, 1 JUL 2011
... manufacturing survey rebounded by nine points to +3 in June from May - above zero manufacturing is expanding; and the Chicago Fed PMI soared to 61.1 - well above the 50 contraction/expansion mark. This is good news and provides a tangible reason for ...

Better second half

BENJAMIN ONG  |  TUESDAY, 28 JUN 2011
... making their presence felt soon. In fact, we're already beginning to see signs of this. Latest data show that the Chicago Fed's manufacturing index rebounded 84.0 in May - the second highest reading in more than two years - from 83.6 in the previous ...

QE2 or bust

BENJAMIN ONG  |  TUESDAY, 19 OCT 2010
... Chairman Ben Bernanke saying, "...there would appear--all else being equal--to be a case for further action." There's Chicago Fed President Evans, "The US economy is best described as being in a bona fide liquidity trap" so "in my opinion, much more ...

When old news is good news

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2010
... markets? It will be saved...period. Duh! too to Bernanke mini-me's. Interest rates on hold...for a long time, said one. Chicago Fed Reserve Bank President Charles Evans told reporters in Shanghai that he expects interest rates "to hold for the next three ...

Thanks for now

BENJAMIN ONG  |  TUESDAY, 24 NOV 2009
... it. Chairman Ben Bernanke says so. Stimulation would remain for "an extended period." So has other Fed officials. Chicago Fed Pres Evans declared that interest rates could remain near zero until "late 2010, perhaps later." And before him, St. Louis Fed ...