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Showing 21 - 30 of 35 results for "Fed chairman Ben"

When the time comes

BENJAMIN ONG  |  THURSDAY, 11 FEB 2010
... to America, where the Fed is again making waves. Testifying before the US House Financial Services Committee, Fed Chairman Ben Bernanke stated that, "Although at present the US economy continues to require the support of highly accommodative monetary ...

We're still in Kansas

BENJAMIN ONG  |  MONDAY, 7 DEC 2009
"Ladies and gentlemen, you're not on Kansas anymore..." (James Cameron's movie, Avatar) But based on financial market's reaction to last Friday's US payrolls report, "we must be over the rainbow!" (Dorothy Gale in the Wizard of Oz). The sun shone, the ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 NOV 2009
... 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 for a time," its actions would ...

De-stressing the stress test

BENJAMIN ONG  |  THURSDAY, 7 MAY 2009
... from the 80.86 peak posted in November last year. Wall Street is happier. Data out overnight gave credence to Fed Chairman Ben Bernanke's statement that, 'the real estate market has bottomed and that we can all expect a late 2009 recovery'. The Mortgage ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 MAY 2009
... worries about capital shortfalls for US banks that underwent stress tests and cautious comments on the economy by Fed chairman Ben Bernanke. The Dow Jones Industrial Average edged lower by 16.09 points, or 0.19 per cent, to settle at 8,410.65, after ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 OCT 2008
... supported the market's belief that difficulties in obtaining loans have choked growth in wide swaths of the economy. Fed Chairman Ben Bernanke warned that patching up the credit markets won't provide an instantaneous jolt to the economy. A sell-off that ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUL 2008
... loan crisis. Dealers said sharp gains on Wall Street on Tuesday, led by the banks on encouraging comments from Fed chairman Ben Bernanke, made for a solid day in Asia on Wednesday and set the stage for a European recovery too after very heavy losses. ...

Market Wrap - Morning

AAP  |  THURSDAY, 26 JUN 2008
... flagging growth amid housing and credit crises. In an accompanying policy statement, the FOMC echoed comments from Fed chairman Ben Bernanke that the world's biggest economy remains weak but that the risk of a severe slump had eased. LONDON - Britain's ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 JUN 2008
... pegged at two per cent following a two-day meeting which kicks off on Tuesday despite tough talk on inflation from Fed chairman Ben Bernanke. LONDON - Britain's index of leading shares closed 0.83 per cent higher, recouping some of last week's losses ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 MAY 2008
... underscored concerns about inflation, while the Federal Reserve chairman said financial markets are still troubled. Fed Chairman Ben Bernanke also said strong demand from financial institutions to borrow from the Fed showed "markets are still far from ...