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Showing 331 - 340 of 427 results for "FOMC"

Market Wrap - Morning

AAP  |  TUESDAY, 15 MAR 2011
... finance data for January and new motor vehicles sales for February. Overnight, the US Federal Reserve Open Market Committee (FOMC) meets to consider, inter alia, its bond-buying stimulus program. In equities news, Alinta Energy Ltd holds an extraordinary ...

When good is good

BENJAMIN ONG  |  MONDAY, 24 JAN 2011
... for all. Then again... maybe not. There are two major market moving items on the cards this week - The US Federal Reserve's FOMC meeting and the release of US fourth quarter GDP growth stats. Financial markets expect the Fed to maintain the status quo ...

Shopping till unemployment drops

BENJAMIN ONG  |  WEDNESDAY, 15 DEC 2010
... enough for the Fed. The US Federal Reserve announced no change in its US$600 billion Treasury purchase program after its FOMC meeting overnight because, "Information received since the Federal Open Market Committee met in November confirms that the economic ...

When everything went wrong

BENJAMIN ONG  |  WEDNESDAY, 24 NOV 2010
... quarter economy was stronger than first calculated (up 2.5 per cent from the initial estimate of 2.0 per cent), but the Fed's FOMC minutes - you know, the one where they announced mo' money, US$600 billion of it - revealed their concern over growth and ...

QE2 overstays welcome

BENJAMIN ONG  |  WEDNESDAY, 10 NOV 2010
... In a speech before the Association of Financial Professionals, Dallas Fed President Richard Fisher said, "I asked that the FOMC consider that we might be prescribing the wrong medicine for the ailment from which our economy is suffering. The remedy for ...

QE2 to the rescue

BENJAMIN ONG  |  WEDNESDAY, 13 OCT 2010
... rescue America. Hooray! News overnight reported that the US Federal Reserve had already been preparing for this since its FOMC meeting last 21 September. According to the minutes of the FOMC meeting: "In light of the considerable uncertainty about the ...

Wonderfully wrong September

BENJAMIN ONG  |  WEDNESDAY, 29 SEP 2010
... climbing out of it. What about the much-feared double dip? Oh yeah, I forgot about that. But the Fed hasn't. In its latest FOMC statement, it reiterated that, it "is prepared to provide additional accommodation if needed to support the economic recovery." ...

Gotta love gold

BENJAMIN ONG  |  TUESDAY, 28 SEP 2010
... index. Equity markets in the Eurozone and Japan are still in the red. The US Federal Reserve's Federal Open Market Committee (FOMC) meeting last week has given gold extra shine. The FOMC statement that accompanied the September meeting sparked speculation ...

Market Wrap - Midday

AAP  |  THURSDAY, 23 SEP 2010
... 1,134.28 points. Investor sentiment was dampened after a downbeat economic outlook from the Federal Open Market Committee (FOMC), which warned on Tuesday that the recovery had slowed. The US Federal Reserve avoided pulling the trigger on fresh stimulus ...

Competing to devalue

BENJAMIN ONG  |  THURSDAY, 23 SEP 2010
Let it rip boys! US equities closed weaker while we were sleeping apparently still reeling from the previous day's FOMC assessment that the US economy remains weak. Ok, let's give it that. But Bloomberg took it a bit farther. "The Fed said yesterday ...