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Showing 351 - 360 of 636 results for "Trump"

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
US President Donald Trump has again upped the rhetoric against China (which of course, brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... proposition. In his quest to "make America great again" and under the guise of "national security", US President Donald Trump kicked off with a 25% tariff on steel and 10% on aluminium imported into America, followed by a 25% tariff on US$34 billion ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
The neutral interest rate is the Goldilocks level of the fed funds rate - not too cold that it would continue stimulating growth (and lift inflation) and not too hot that it would cause economic activity to slow. Ho-hum. US Federal Reserve Chairman ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
... oil producers could lift production by one million bpd to offset supply shortages. On top of these, news that US President Trump administration is thinking of tapping into its Strategic Petroleum Reserve and the recent announcement that America would ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
"I think the economy's in a really good place. As I mentioned, unemployment is now 4%... which is the lowest it's been in 20 years. The other thing that's good that's been happening is for five years we've seen people coming back ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... tariffs on an additional US$16 billion worth of imports from China that would certainly be matched by Beijing, spurring Trump to make good on his threat to tax another US$500 billion worth of Chinese imports. To put this in perspective, US$500 billion ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... of trade tensions emanating from the US. The higher US dollar goes, the more pressure on the US trade deficit, the more Trump tries to drain that swamp. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...