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Showing 21 - 30 of 980 results for "US economy"

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
"Business is picking up as mandated restrictions seem to be easing and spring is right around the corner." "Higher levels of demand related to additional business reopening, and increased activity related to vaccination distribution." "Vaccination rates ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... recovery". The reason he and she are seeing "trees of green, red roses too" is perhaps because they both consider the US economy not out of the woods yet. Powell warns that "the recovery is far from complete", pledging that the Fed "will continue to ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... have a critical role to play. Spence told Financial Standard 's annual Chief Economists Forum via video link that the US economy will be highly dependent on the stimulus to see it through to full vaccinations. Currently, about two million doses are administered ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
The US economy is not out of the woods yet and therefore, worrywarts need not be concerned over rising inflation - that would prompt the Fed taper policy accommodation. "Participants observed that the economy was far from achieving the committee's ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... less Americans in employment in those two months than previously reported. Moreover, in spite of the January gain, the US economy remains around 10 million jobs short of the peak recorded in February last year. Similarly, while the unemployment rate ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... end of the day, it's the fundamentals that'll matter. And oh, valuation too. The fundamentals are good. The US economy is advancing and rising from the recession borne of the COVID-19 pandemic. The US Federal Reserve and now the Biden administration's ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... executive, monetary and fiscal branches of government are united in ensuring a brighter and more sustainable outlook for the US economy. The Biden administration has proposed a US$1.9 trillion COVID-19 relief plan. US Federal Reserve chair Jerome Powell ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... officials appear to be leaning on the side of the vaccine. To be sure, recent indicators point to a slowing in the US economy - a consequence of surging COVID-19 infections and deaths that, in turn, prompted the re-imposition of restrictions in a number ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... work due to illness soared to 1.85 million, the third highest on record. It's beginning to look a lot like the US economy is, if not already, slowing. But at the same time, Wall Street's gaining upward momentum. There's TINA and FOMO, I mentioned ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... the US equity market would rally to new heights amid the nightmare of the coronavirus pandemic that, in turn sent the US economy collapsing at an annualised rate of 32.9% in the June 2020 quarter - the sharpest contraction on record - that followed a ...