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Showing 21 - 30 of 35 results for "Kansas"

I'm still standing

BENJAMIN ONG  |  FRIDAY, 1 JUL 2011
... resulting from Japan's 11 March calamity. This is confirmed by rebounds in the Fed's regional manufacturing surveys: The Kansas City Fed PMI survey jumped by 13 points to 14 in June; the Richmond Fed manufacturing survey rebounded by nine points to +3 ...

Same time last year

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2011
... arguments against more Fed policy splurges at about this time last year were greater - and even more hawkish. In June 2010, Kansas City Fed President Thomas Hoenig advised that the Fed should increased interest rates to 1 per cent soon - perhaps within ...

Let's party!

BENJAMIN ONG  |  THURSDAY, 28 APR 2011
... purchase programme and/or raising interest rates, there were no dissenters in last night's FOMC vote - zilch, nil, nada. Kansas City Fed President Thomas Hoenig had objected at every FOMC meeting since 2010 over the central bank's easy policy stance. ...

Too much ado about Greece

BENJAMIN ONG  |  FRIDAY, 30 APR 2010
... unemployment claims dropped by 11,000 last week -- the second straight weekly decline. Also, the Federal Reserve Bank of Kansas reports that manufacturing activity in its districts expanded at a "solid pace" in April and that the reading on employment ...

Land of the free money

BENJAMIN ONG  |  WEDNESDAY, 17 MAR 2010
... would stop buying mortgage-backed securities and agency debt by the end of this month as scheduled. And as in January, Kansas City Fed President Thomas Hoenig dissented over the use of the phrase "extended period" because it could lead to an asset price ...

Good news day

BENJAMIN ONG  |  THURSDAY, 18 FEB 2010
... created/saved two million jobs. But of course this didn't come without any cost. Remember, there is no such thing as a free lunch. Kansas City Federal Reserve President Thomas Hoenig warned in a speech that the country's fiscal deficit is on an "unsustainable ...

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
... positive one. The Fed's decision to keep interest rates where they are was, for the first time in one year, not unanimous. Kansas City Federal Reserve Bank President Thomas Hoenig dissented was the "1" in the 9-1 vote for steady interest rates because ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
... assertion that the housing market is improving. The Fed said it is leaving interest rates near zero, as expected, but also that Kansas City Federal Reserve President Thomas Hoenig has voted against the decision to keep rates low. Stocks had fallen ahead ...

Low rates to stay

BENJAMIN ONG  |  TUESDAY, 8 DEC 2009
... these low level because inflation "appears likely to remain subdued for some time." So where does this leave us? Back in Kansas, that's where. Low interest rates would continue to underpin improvement in the US economy and on Wall Street. These, along ...

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 ...