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Showing 11 - 20 of 22 results for "Kansas City"

I'm still standing

BENJAMIN ONG  |  FRIDAY, 1 JUL 2011
... resulting from Japan's 11 March calamity. This is confirmed by rebounds in the Fed's regional manufacturing surveys: The Kansas City Fed PMI survey jumped by 13 points to 14 in June; the Richmond Fed manufacturing survey rebounded by nine points to +3 ...

Same time last year

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2011
... against more Fed policy splurges at about this time last year were greater - and even more hawkish. In June 2010, Kansas City Fed President Thomas Hoenig advised that the Fed should increased interest rates to 1 per cent soon - perhaps within a few months. ...

Let's party!

BENJAMIN ONG  |  THURSDAY, 28 APR 2011
... purchase programme and/or raising interest rates, there were no dissenters in last night's FOMC vote - zilch, nil, nada. Kansas City Fed President Thomas Hoenig had objected at every FOMC meeting since 2010 over the central bank's easy policy stance. ...

Land of the free money

BENJAMIN ONG  |  WEDNESDAY, 17 MAR 2010
... would stop buying mortgage-backed securities and agency debt by the end of this month as scheduled. And as in January, Kansas City Fed President Thomas Hoenig dissented over the use of the phrase "extended period" because it could lead to an asset price ...

Good news day

BENJAMIN ONG  |  THURSDAY, 18 FEB 2010
... two million jobs. But of course this didn't come without any cost. Remember, there is no such thing as a free lunch. Kansas City Federal Reserve President Thomas Hoenig warned in a speech that the country's fiscal deficit is on an "unsustainable course" ...

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
... one. The Fed's decision to keep interest rates where they are was, for the first time in one year, not unanimous. Kansas City Federal Reserve Bank President Thomas Hoenig dissented was the "1" in the 9-1 vote for steady interest rates because he thought ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
... that the housing market is improving. The Fed said it is leaving interest rates near zero, as expected, but also that Kansas City Federal Reserve President Thomas Hoenig has voted against the decision to keep rates low. Stocks had fallen ahead of the ...

State Street CEO and chairman retires

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
... company's US Mutual Fund sales organisation, Hooley joined State Street's shareholder servicing joint venture with Kansas City-based DST systems. From 1988 to 1990, he served as president and chief executive officer of National Financial Data Services ...

Zurich's three-year health check spur mandate changes

MICHAEL HOBBS  |  FRIDAY, 28 AUG 2009
... years. The changes follow a review with Mercer, the firm's investment consultant, which occurs every three years. Kansas City-based fund manager, American Century, joins Lazard Asset Management as a fund manager in the international shares allocation. ...

Wait no more

BENJAMIN ONG  |  MONDAY, 24 AUG 2009
... Reserve has got the "trend is your friend's" back. "Don't fight the Fed" is another truism on Wall Street. At the Kansas City Fed's Jackson Hole conference, Chairman Ben noted that the global economy is beginning to heal. No, this is not the good news ...