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Showing 21 - 30 of 32 results for %22Fed Chairman Powell%22

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... can go on and on but my point is that no one really knows where the neutral level of interest rate lies. As former Fed Chairman Alan Greenspan quipped during his heydays, "It's very difficult to know where that so-called neutral rate is. But we probably ...

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

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... down) - depends primarily on the end game of the on-going trade stoush between the US and China and, of course, how high the Fed is taking interest rates. There's no question that Trump's protectionist trade policy is impacting business and investment ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... slow growth in activity and put more downward pressure on their currencies. It would be interesting to hear what Fed Chairman Jerome Powell thinks (and is prepared to do) to short circuit these shorting of emerging market currencies and equities at his ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... middle of 2016 - one that's puzzling central bankers around the world and recently voiced out by US Federal Reserve Chairman Jerome Powell. It appears that, for Australia's labour market, at least, growth in wages has tightened more its negative ...

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

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... Growth, Trade, Geopolitics The tepid growth in wages - which feeds into overall inflation in the economy - should give the Fed some breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
The neutral interest rate is the Goldilocks level of the fed funds rate - not too cold that it would continue stimulating growth (and lift inflation) and not too hot that it would cause economic activity to slow. Ho-hum. US Federal Reserve Chairman ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... average hourly earnings growth. The tepid growth in wages - which feeds into overall inflation in the economy - should give the Fed some breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... down to 28 basis points from 54 bps at the start of the year. This is lower than the 73 bps gap that prompted then Fed Chairman to deliver his "interest rate conundrum" speech in testimony before the US Senate Committee on Banking on February 17, 2005. ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... banks, which expressed their concerns at the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June. US Fed Chairman Jerome Powell: "Changes in trade policy could cause us to have to question the outlook...We have a very wide range of contacts ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... 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). I waved the white flag after reading Bloomberg's report: "Overseas funds are pulling out of six major Asian emerging ...