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Showing 11 - 20 of 33 results for %22Federal Reserve Bank of St. Louis%22

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
... and are likely to put further downward pressure on inflation in the near term." These were the words in the US Federal Reserve's monetary policy statement of September used to justify the US central bank's decision not to lift interest rates last month ...

The man with the golden jawbone

BENJAMIN ONG  |  THURSDAY, 27 AUG 2015
... long ago - when the S&P 500 dropped by 7.4% between mid-September to mid-October 2014 - but that time it was Federal Reserve Bank of St Louis president James Bullard who played the knight in shining armour. As MarketWatch reported on 16 October 2014 ...

You sexy thing

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2015
... for mirror, mirror on the wall, the greenback is the fairest of 'em all. Latest available data from the US Federal Reserve Bank of St. Louis show the "Trade Weighted U.S. Dollar Index: Major Currencies" at 91.57 as at 6 February. This is the best level ...

Market wrap

AAP  |  FRIDAY, 17 OCT 2014
... in opening trade as investors snap up cheaper stocks following recent falls. Comments overnight from the Federal Reserve Bank's St Louis president Jamie Bullard suggesting that the US not scale back its asset purchase stimulus program at the end of this ...

QE forever and ever

BENJAMIN ONG  |  FRIDAY, 17 OCT 2014
... hasn't drop far enough (and so the small teenie weenie bounce)? Nah, it wasn't that. It was what A St. Louis Federal Reserve Bank President James Bullard said around lunchtime that sent the S&P into positive territory... around lunchtime. "We have to ...

Independence Day for the US economy

BENJAMIN ONG  |  FRIDAY, 4 JUL 2014
... 6.1% from 6.3% in May - suggest that Uncle Sam's country could now grow unaided. Uh-oh, looks like I owe Federal Reserve Bank of St. Louis President James Bullard an apology - big time! He might be correct after all and I'll have to put the letters "W" ...

US bond yields zipped by ZIRP?

BENJAMIN ONG  |  MONDAY, 30 JUN 2014
... Virginia, is that this is happening despite the Fed reducing its US Treasury purchases by US$5 billion at each and every Federal Open Markets Committee (FOMC) meeting starting in January this year. Successive tapering have reduced the Fed's purchase ...

James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
... lift interest rates soon - that is, sooner than everyone in the planet expects. Bullard of bull (dropping?). Federal Reserve Bank of St. Louis President James Bullard said so in his interview with Fox Business News. Read his lips: The market and even ...

Knight Janet

BENJAMIN ONG  |  THURSDAY, 17 APR 2014
... the day". (I thank the heavens again for more small mercies) US fundamentals continue to improve. The latest US Federal Reserve Beige Book survey shows that only two (2) -- Cleveland and St. Louis -- out of the 12 Fed districts reported "a decline in ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
... market performance". So much for forward guidance, eh. But wait, I may have spoken too soon. Last night, Federal Reserve Bank of St. Louis President James Bullard told us all that, forward guidance "have been very useful" and "served their purpose".A ...