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Showing 361 - 370 of 427 results for "FOMC"

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
There were no surprises contained in the Fed's statement after it concluded its two-day FOMC meeting overnight. Wall Street breathed a sigh of relief. One down! "The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent ...

Stimulexit

BENJAMIN ONG  |  MONDAY, 18 JAN 2010
... confused about the markets' confusion because the Fed itself is confused. Just have a look at the minutes of the Fed's last FOMC meeting. Spend, spend, spend...and spend some more. "A few members noted that resource slack was expected to diminish only ...

The I word

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2009
... cent of the jump in the PPI. Now the market is all a-buzz that the US Federal Reserve - which is in the midst of its two-day FOMC meeting - would likely begin raising interest rates sooner and/or unwinding some of the stimulus measures. I wonder how ...

Small thanks

BENJAMIN ONG  |  THURSDAY, 26 NOV 2009
... More-fecta. And for those pooh-poohing all these improvements as a Fed-sponsored rush of adrenalin, minutes of the 3-4 November FOMC meeting leave no doubt that US interest rates would remain at almost zero "for an extended period." All these good news ...

Thanks for now

BENJAMIN ONG  |  TUESDAY, 24 NOV 2009
... rates to remain where they are until maybe 2012 with the words, "If you look at the last two recessions, in each case the FOMC waited two and a half to three years before we started our tightening campaign." Thank you. Yes Virginia, you and I should ...

Sell dollars to buy stocks

BENJAMIN ONG  |  FRIDAY, 20 NOV 2009
... until 2012. For as St. Louis Fed President James Bullard said, "If you look at the last two recessions, in each case the FOMC waited two and a half to three years before we started our tightening campaign." But also note that Bullard is 'not' a voting ...

Stuck at zero

BENJAMIN ONG  |  THURSDAY, 5 NOV 2009
... economy out of stormy waters. There we have it Virginia, the much-awaited, much speculated US Federal Open Markets Committee (FOMC) meeting produced nada. By a unanimous decision, its members voted to keep the fed funds rate near zero. And it shall remain ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 NOV 2009
... the central bank offered no surprises in its outlook or monetary policy. The policymaking Federal Open Market Committee (FOMC), headed by Fed chairman Ben Bernanke, said after a two-day meeting that "although economic activity is likely to remain weak ...

Undue credit (ratings)

BENJAMIN ONG  |  THURSDAY, 24 SEP 2009
... first, a very big yawn with a matching upward stretch of both arms! I am talking about the Federal Open Market Committee (FOMC) meeting, of course. This was the big 'non-event' financial markets have been waiting for all week. Yes, markets were correct ...

The waiting game

BENJAMIN ONG  |  TUESDAY, 22 SEP 2009
... waiting...waiting...waiting. Waiting for what? Wall Street waits for the Fed's verdict on monetary policy. The Federal Open Market Committee (FOMC) begins its two-day deliberation starting tomorrow night. I don't really know why Wall Street bothers. ...