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Showing 21 - 30 of 80 results for "Fed pres"

US dollar downed

BENJAMIN ONG  |  THURSDAY, 4 FEB 2016
Wall Street is up - S&P 500 index closed 0.5% higher after dropping by as much as 1.5% overnight - as the US dollar plunged - Bloomberg US dollar index down 1.6% -- and oil prices soared by around 7% (despite the Department of Energy's report that crude ...

Fed's plan slips on oil

BENJAMIN ONG  |  THURSDAY, 21 JAN 2016
... inflation outlook, the most concerning is the possibility that inflation expectations become unanchored to the downside" (NY Fed pres Dudley) and "Low inflation expectations may keep actual inflation lower, all else equal, making it more difficult for ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
Where have all the buyers gone? Two weeks into the new year and they're still MIA. Given recent events, they appear to be drowning - drowning in a sea of oil, that is....and there'll be more gushing out of the grounds soon, out of Iran as Friday's speculations ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term." These were the words in the US Federal Reserve's monetary policy statement of ...

Reversal of fortunes

BENJAMIN ONG  |  MONDAY, 12 OCT 2015
We're happy, Jan! This is the universal chorus from financial markets everywhere the week - the first 7 trading days of October - after the quarter - the worst three-months since September 2011 - before. Oh yes, yes, yo Virginia, we're happy little ...

The Fed is Greek too

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2015
Now that Grexit worries have been sorted - sort of - and a Graccident averted (yet again), financial markets are likely to look for the next big worry. They don't have to scour far, wide and yonder - it was out-headlined by Greece these past few days ...

You can forget June

BENJAMIN ONG  |  THURSDAY, 21 MAY 2015
... would not only restrain "US net exports and economic growth", it would also keep inflation low. This supports Chicago Fed pres Charles Evans' argument for a lift off "until sometime in early 2016" in his speech in Munich overnight. "Inflation is too ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... that the 'transitory factors' that slowed the economy in the first quarter have gone away. This as much was what Chicago Fed pres Charles Evans told his audience at the Columbus Economic Development Board Annual Meeting in Columbus, IN, on 4 May: "In ...

The first is always the best

BENJAMIN ONG  |  THURSDAY, 9 APR 2015
Maybe June. Perhaps one of the 'ber' months of 2015. Could be early 2016 or later that year. Or... until the twelfth of never? This, as much, is what the much-awaited minutes of the 17-18 March FOMC meeting told us. That Yellen & Co, themselves, aren't ...

The RBA not in full control of dollar-A

BENJAMIN ONG  |  THURSDAY, 2 APR 2015
Remember the, "That 40% odds of an April rate cut last week - up from 36% the week before - has now risen to 68% this week" I typed on this space 24 hours ago? They've just gone up to 72% and the Australian dollar's fall to a low of US$0.7597 (down ...