Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 21 results for "March FOMC meeting"

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
... the Fed's intent on shrinking its balance sheet. Yes, that one. The one contained in the minutes of the 14-15 March FOMC meeting: "Provided that the economy continued to perform about as expected, most participants anticipated that gradual increases ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
... (the S&P 500 index closed 0.3% down after surging as high as 0.8% in early trade). This was the time the 14-15 March FOMC meeting minutes were released and... Wall Street saw that it wasn't good. This is because while the Fed's reference to the reinvestment ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
... of March - the US Federal Reserve lifted the fed funds rate by 25 basis points to 0.75% - 1.0% at its 15-16 March FOMC meeting - the BOE did what markets expected, it maintained current monetary policy settings - the Bank Rate at a record low of 0.25% ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
... at the end of the week) would prove no deterrent to a Fed interest rate hike at the conclusion of its 14-15 March FOMC meeting. The ADP report showed that employment in the private sector surged by 298,000 in February following an upwardly revised 261,000 ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
... widespread expectations that the US Federal Reserve would raise the fed funds rate after it concludes its 15-16 March FOMC meeting. The RBA would welcome such development as a Fed rate hike would signal the US central bank's confidence over the strength ...

The first is always the best

BENJAMIN ONG  |  THURSDAY, 9 APR 2015
... later that year. Or... until the twelfth of never? This, as much, is what the much-awaited minutes of the 17-18 March FOMC meeting told us. That Yellen & Co, themselves, aren't so sure of the when of the first federal funds rate lift-off in the current ...

'Patient' Party

BENJAMIN ONG  |  THURSDAY, 19 MAR 2015
... panic, anxiety was clearly discernible in the financial markets' performance leading up to the Fed's 17-18 March FOMC meeting as speculation heated on whether or not the word "patient" would be deleted. The deletion of which is the Fed's way of saying ...

Australian budget to blow

BENJAMIN ONG  |  THURSDAY, 10 APR 2014
Minute to win it!... or rather the minutes of the Fed's 18-19 March FOMC meeting win it for Wall Street. The S&P 500 and the Dow jumped by 1.1% and yesterday's hated Nasdaq is now loved again, up 1.7%. But this was - more or less - how we saw it when ...

Can't lose

BENJAMIN ONG  |  THURSDAY, 11 APR 2013
... equity markets. Wall Street's running up and setting new record highs along the way. The release of the Fed's March FOMC meeting was last night's big news. It told a tale of the Fed explicitly discussing an exit strategy or perhaps "slow the pace of ...

Fed money drives black swans away

BENJAMIN ONG  |  THURSDAY, 7 APR 2011
... as investors go, they'll just have to give up on sushi and sashimi in the meantime. The minutes of the Fed's March FOMC meeting perhaps provide a clue to the markets' positive sentiment. The minutes revealed that the Fed still sees no need to relax its ...