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Showing 11 - 14 of 14 results for "December FOMC"

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... Fed delivered! The US central bank lifted the fed funds rate by 25 basis points to 1.25%-1.50% following its 12-13 December FOMC meeting - as widely expected and telegraphed but more importantly, as the dot plot of December 2016 (three rate hikes in ...

The good and the bad in the Fed rate hike

BENJAMIN ONG  |  THURSDAY, 15 DEC 2016
... 25 basis point lift, taking the fed funds rate from 0.25% - 0.50% to 0.50% - 0.75% at the conclusion of its 13-14 December FOMC meeting. While financial markets widely expected the Fed's decision, US equities sold (the S&P 500 index lost 0.8% on the ...

Inflation expectations says no

BENJAMIN ONG  |  TUESDAY, 13 OCT 2015
... certain - the latest result of the Wall Street Journal's (WSJ) monthly survey shows that 64% of them believe the 15-16 December FOMC meeting will produce a lift-off. What's that joke again... the one about economists accurately predicting 12 of the last ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... make good on its word to expand its balance sheet and go for quantitative easing. The Fed indicated as much in its December FOMC meeting statement. As well, the US Central Bank put forward the idea of credit targeting. That is, it will facilitate the ...
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