Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 371 - 380 of 427 results for "FOMC"

Mmm...bargains

BENJAMIN ONG  |  THURSDAY, 3 SEP 2009
... recover only slowly during the second half of this year, and all saw it as still vulnerable to adverse shocks." (Minutes of FOMC 11-12 August 2009 meeting). I have only one word to those thinking of taking this statement as gospel - Beware! In times ...

All aboard

BENJAMIN ONG  |  THURSDAY, 13 AUG 2009
... period (again just in case). While talking heads and financial headlines have spun the Federal Open Markets Committee's (FOMC) statement as, "the recession's end is nigh," I still maintain that we reached "nigh" two months ago in June. But what's a two-month ...

Irrationally exuberant greater fool

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2009

Another dead feline bounce

BENJAMIN ONG  |  THURSDAY, 16 JUL 2009
... could this be? Look around you, or at least look at the US. No less than the Federal Reserve itself, admitted at its June FOMC meeting that, "Most participants saw the economy as still quite weak and vulnerable to further adverse shocks." And that, "Although ...

The good in the bad news

BENJAMIN ONG  |  THURSDAY, 30 APR 2009
... pace of deterioration in the economy has slowed. The US Federal Reserve summed this up nicely in a statement following its FOMC meeting. 'The economy has continued to contract, though the pace of contraction appears to be somewhat slower.' There'll still ...

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
... rates could not be lowered further to entice Americans to spend. As such, the policy setting Federal Open Market Committee (FOMC) announced that the central bank would do the shopping for them to rescue the economy. The Fed announced that it would buy ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
... main challenges to overcome. Speaking of restrictive credit conditions, speculation that the Federal Open Market Committee (FOMC) will announce a more aggressive program to stop the rot also contributed to Wall Street's cheery sentiment last night. Rumours ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... make good on its word to expand its balance sheet and go for quantitative easing. The Fed indicated as much in its December FOMC meeting statement. As well, the US Central Bank put forward the idea of credit targeting. That is, it will facilitate the ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... offload? Bernanke's reply, 'the Fed's balance sheet will eventually have to be brought back to a more sustainable level. The FOMC will ensure that that is done in a timely way. However, that is an issue for the future; for now, the goal of policy must ...

Seesaw Margery Daw

BENJAMIN ONG  |  THURSDAY, 30 OCT 2008
... taken in light of the marked decline in economic activity - consumer and business expenditure and industrial production. The FOMC stated that, 'Business equipment spending and industrial production have weakened in recent months, and slowing economic ...