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Showing 31 - 40 of 197 results for "Fed Chair"

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... virtuous circle of confidence, spending and ultimately, stronger growth? The short answer is the Fed remains unconvinced. Fed chair Jerome Powell thinks there's still a long way to go before the economy fully recovers from the pandemic. Fed governor ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... deeper into the negative to counteract the negative impact of the coronavirus pandemic on their respective economies. Fed chair Jerome Powell's last words on negative interest rate policy were that the FOMC was negative on it. Powell told a video ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... renewed restrictions in an increasing number of US states that are experiencing rising infections. A fact not lost on US Fed chair Jerome Powell. At a press conference following the 28-29 July FOMC meeting, Powell declared: "We have seen some signs in ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... 7.0% drop in US economic growth or the OECD's prediction for a 7.3% decline (assuming no second wave). Besides, Fed chair Jerome Powell and his merry men and women of the FOMC pledged to keep monetary policy accommodative "until it is confident that ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... 7.0% drop in US economic growth or the OECD's prediction for a 7.3% decline (assuming no second wave). Besides, Fed chair Jerome Powell and his merry men and women of the FOMC pledged to keep monetary policy accommodative "until it is confident that ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... month. As part of a commitment "to using its full range of tools to support the US economy in this challenging time" Fed chair Jerome Powell indicated the central bank would continue to review the asset purchase forward guidance and that they have been ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
... question," he said. Asked whether ultra-low interest rates and money printing are blowing bubbles in asset markets, the Fed chair replied: "Just the concept that we would hold back because we think asset prices are too high... what would happen to the ...

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
Was it something I said? Yes sir, Mr. US Fed chair Jerome Powell, it was. Today's headlines not only infer, but blame your words for the fall on Wall Street overnight. The Wall Street Journal published: "The Dow Jones Industrial Average dropped ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... effects emerge due to firm closures and extended unemployment." How quickly the coronavirus is murdered is the key. As US Fed chair Jerome Powell declared: "If we get the virus spread under control fairly quickly, then economic activity can resume."

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... coronavirus is contained, the economic damage will persist." How quickly the coronavirus is murdered is the key. As US Fed chair Jerome Powell declared: "If we get the virus spread under control fairly quickly, then economic activity can resume... The ...