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Showing 31 - 40 of 129 results for "Jerome"

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... year's high of 37.21 recorded in late January. Financial market participants, it seems, paid closer attention to chair Jerome Powell's words this time. In his press conference, the Fed chief elaborated that: "As is evident in the SEP, many participants ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... higher costs due to continuing bottlenecks in the supply chain. But the Fed has already told us this would happen. Chair Jerome Powell has stressed time and again that, although measured inflation would increase in the coming months, it is likely to ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... Yellen explained that she did not predict nor recommend a lift in interest rates and that she agreed with Fed Chairman Jerome Powell's view that while measured inflation has risen, it's likely to be temporary. One swallow does not a spring make ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
Just when we thought Federal Reserve chair Jerome Powell has tapered sooner-than-later taper expectations, along comes Robert Steven Kaplan -- president and chief executive of the Federal Reserve Bank of Dallas. While the US Federal Reserve was waxing ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair Jerome Powell declared that: "Today the situation is much improved. While the economic fallout has been real and widespread, the ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... least $40 billion per month," the Fed said. This really is no surprise, especially if one's been paying heed to chair Jerome Powell's words uttered over the past weeks. Now put on paper, the Fed's outlook is just as Jay said it would be. ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... Don't make excuses that someone negotiated better - if you benchmark the results, the gap should be removed. Larisha Jerome, community engagement and project officer, First Nations Foundation Q: Why did you choose a career in financial services? ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... don't think you're strong enough now..." In his semi-annual testimony before the US Congress last week, Fed chair Jerome Powell stressed that it would take some time before the central bank could make "substantial further progress" towards employment ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... averages 2% over time and longer-term inflation expectations remain well anchored at 2%. In the words of US Fed Chairman Jerome Powell: "We're going to be patient...We'll seek inflation moderately above 2% for some time...The way to achieve credibility ...

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

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... rate to 4% or below by year end." And then there's the Fed. In his post-26-27 FOMC meeting press conference, chair Jerome Powell tried to calm markets and prevent a repeat of the taper tantrum that sent bond yields up and equity markets down in 2013. ...