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Showing 11 - 20 of 30 results for "September FOMC"

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
Well that was a bit of an anti-climax, wasn't it? The much-awaited US Federal Reserve's 19-20 September FOMC meeting produced little, if any, surprises. Interest rates were kept on hold this month but will be lifted by another 25 basis points to 1.5% ...

The Fed "live" in November

BENJAMIN ONG  |  MONDAY, 24 OCT 2016
... businesses." New words, fresh phrases but certainly consistent with the forward guidance she gave after the 21 September FOMC meeting: "This cautious approach to paring back monetary policy support is all the more appropriate given that short-term interest ...

Pepared for "lift-off" watch out for "ceasing"

BENJAMIN ONG  |  FRIDAY, 20 NOV 2015
... important role in the stock market's direction. This is now in the Fed's crosshairs, according to the minutes of the September FOMC meeting: "A staff briefing provided background on the macroeconomic effects of alternative approaches to ceasing reinvestments ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
... now at 46% from 37% before the Fed released its statement. This because, according to parsers and dissectors, the September FOMC statement sentence -- "Recent global economic and financial developments may restrain economic activity somewhat and are ...

Janet vindicated

BENJAMIN ONG  |  TUESDAY, 6 OCT 2015
... Christine Lagarde French journal 'Les Echos' just over a week after the Fed kept the status quo following their 16-17 September FOMC meeting. Perhaps, but Wall Street and the world weren't pleased when Fed Chair Janet Yellen maintained the suspense over ...

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
... immediate verdict on the Fed's disclosure of its non-decision following the much-awaited and much speculated 16-17 September FOMC meeting. The S&P 500 index declined by 1.6%; the Dow by 1.7%; Nasdaq by 1.4%; the Russell 2000 by 1.5%. This is hardly surprising ...

Labour market says go, inflation says no

BENJAMIN ONG  |  MONDAY, 7 SEP 2015
... lift-off. There was something for everyone. Those expecting the Fed to pull the lift-off trigger at their 16-17 September FOMC meeting are correct. The unemployment rate dropped from 5.3% in July to 5.1% in August - the lowest level since April 2008 ...

The man with the golden jawbone

BENJAMIN ONG  |  THURSDAY, 27 AUG 2015
... jawbone that did it. "From my perspective, at this moment, the decision to begin the normalization process at the September FOMC meeting seems less compelling to me than it was a few weeks ago." With these words, Bill saved the day. And by the by, Bill ...

Watching out for the Hole

BENJAMIN ONG  |  FRIDAY, 31 JUL 2015
... Hence, the jury's still out. Perhaps, not for long. We may even receive a telegraph message from the Fed before the September FOMC meeting. Jackson Hole is coming this August, on the 27th up to the 29th. Yes, that annual central bankers' economic symposium ...

Minute slip on Wall Street

BENJAMIN ONG  |  THURSDAY, 20 NOV 2014
... Outlook" section. "The information on economic activity received since the staff prepared its forecast for the September FOMC meeting was close to expectations, and therefore, the staff's projection for real GDP growth over the remainder of the year ...