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Showing 21 - 30 of 132 results for "Raising interest rates"

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
... spending and lifting economic activity. Now the Fed is taking away money, money, money from the system (and raising interest rates) and the ECB has already stated that it would end QE by the end of this year. The Fed's actions have lifted the US ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... were resolved by money, when the Fed and other major central banks flooded the system with liquidity. By raising interest rates (along with QE tapering), the Fed is siphoning liquidity from the rest of the world. It's a no brainer. Investors would ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... "depending on the data". I don't think anyone and his uncle would complain if the Fed decides to go slow on raising interest rates. This is because in doing so the Fed would underwrite growth not only in America but in offshore economies as well. ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... projections the Fed made in June and at the same time implying that the neutral rate is 3.5% (when they stop raising interest rates). This is backed up by its economic projections that show GDP growth slowing from 3.1% this year to 2.5% next year, 2.0% ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... Australia's economic outlook) or it could cut interest rates to give economic activity a move along. Raising interest rates now risks an A$ appreciation (not a good idea when our biggest export market - China - is in the midst of a trade war with ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... comes the reversal, so much so that the country's cash rate is now lower - 1.75% - than last it started raising interest rates. It should have learned from the European Central Bank (ECB) which, too, had been in a hurry to normalise (for the same ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... of risk assets. More so, given the Fed's optimistic outlook for the US economy (it wouldn't be raising interest rates if not, and by more than initially forward-guided). As it turns out, I am wrong and Powell is correct (else, I can be Fed chairman). ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... the main factors that affect the biggest component of the economy - how could the RBA even contemplate raising interest rates? Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... why we are doing it." Given this statement, financial markets didn't have to speculate whether the Fed is raising interest rates three times or four (or maybe more) this year. Jerome would have told us so. But it appears that three Fed chairmen - Bernanke ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... that simple or simplistic. This is because rising inflation could prompt the Fed to be more aggressive on raising interest rates - indicating more expensive credit that could slow consumer and spending. This, along with surging bond yields - 10-year ...