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Showing 21 - 30 of 111 results for "Federal Reserve Bank"

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

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
Some would call it karma, for many it's just the plain and simple truism that a trade war is a lose-lose proposition. In his quest to "make America great again" and under the guise of "national security", US President Donald Trump kicked off with ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... and the three other quarters." CNBC quoted Tom Stark - manager of the Real-Time Data Research Centre at the Federal Reserve Bank of Philadelphia - observing that "Q1 GDP growth tends to be the lowest of the four quarters" and the Brent Moulton - the ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
... numbers and stats but instead anecdotal evidence on the state of the US economy. They are compiled by the Federal Reserve Bank's in each of 12 Federal Districts and is published approximately two weeks before the Fed's FOMC meeting. Speculators speculating ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... in the year to November) the US central bank's 2.0% inflation target. This is underscored by Minneapolis Federal Reserve Bank president Neel Kashkari's tweet, "I, for one, need to see more data," following the release of the December CPI report. Chances ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... inflation. Oxford Economics estimate the US NAIRU at 4.3%, the OECD has it at 4.9% and closer the home, the Federal Reserve Bank of St. Louis places both the short- and long-term natural rate of unemployment at 4.74% in the fourth quarter of this year. ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
... major market movements. The US Federal Reserve's description of the "Beige Book" explains why it is so: "Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its district through reports from bank and branch directors ...

Former NZ Prime Minister joins bank board

KARREN VERGARA  |  WEDNESDAY, 18 OCT 2017
... the head of global foreign exchange for Merrill Lynch and a member of the Foreign Exchange Committee of the Federal Reserve Bank of New York. Earlier this year, he received a Companion of the Order of Australia for advancing the Australia-New Zealand ...

Global fund manager names new investment lead

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
... tools. Prior to joining the firm, she was a principal at Mercer Investment Consulting, and before that, at the Federal Reserve Bank of Chicago.

As clear as it gets

BENJAMIN ONG  |  WEDNESDAY, 27 SEP 2017
... from the University of Michigan survey of consumers, "as well as a survey of consumers carried out by the Federal Reserve Bank of New York, do hint that expectations may have slipped a bit over the past two or three years. If so, stabilising inflation ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
... (the earliest data available) when the unemployment rate was at 4.4%. The CPI report flies in the face of Federal Reserve Bank of New York president William Dudley who lately commented that: "The story is not a complex one. One, the labour market continues ...