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Showing 41 - 48 of 48 results for "FOMC Statement"

Wonderfully wrong September

BENJAMIN ONG  |  WEDNESDAY, 29 SEP 2010
... out of it. What about the much-feared double dip? Oh yeah, I forgot about that. But the Fed hasn't. In its latest FOMC statement, it reiterated that, it "is prepared to provide additional accommodation if needed to support the economic recovery." That's ...

Gotta love gold

BENJAMIN ONG  |  TUESDAY, 28 SEP 2010
... The US Federal Reserve's Federal Open Market Committee (FOMC) meeting last week has given gold extra shine. The FOMC statement that accompanied the September meeting sparked speculation that the US central bank would ease monetary policy further - through ...

Competing to devalue

BENJAMIN ONG  |  THURSDAY, 23 SEP 2010
... positioning it for expanding a near-record $2.3 trillion balance sheet as soon as November." Huh? Where in the FOMC statement did it say that? "The Fed said yesterday for the first time" ? Huh times two? This was not the first time the Fed referred to ...

A friend like Ben

BENJAMIN ONG  |  MONDAY, 30 AUG 2010
"Ben most people would turn you away I don't listen to a word they say They don't see you as I do I wish they would try to I'm sure they'd think again If they had a friend like Ben (a friend) like Ben (a friend) like Ben." -Michael Jackson Have no fear ...

Glum

BENJAMIN ONG  |  FRIDAY, 27 AUG 2010
... still be unable to soothe market nerves especially if the financial press does the same it did with the 10 August FOMC statement - they picked one phrase and milked it to high heavens to feed the fear. Back then, "the pace of recovery in output and employment ...

Bending it like Bernanke

BENJAMIN ONG  |  WEDNESDAY, 11 AUG 2010
... on the Fed's action - whatever it may be. And why shouldn't they be? QE2 came at a cost. In its June meeting the FOMC statement noted that "the economic recovery is proceeding and the labor market is improving gradually." Last night, the statement read ...

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
... expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period." FOMC Statement, 27 January 2010. But wait there was a surprise - one that could be interpreted good or bad depending on your viewpoint. For ...

Undue credit (ratings)

BENJAMIN ONG  |  THURSDAY, 24 SEP 2009
... were correct - the FOMC kept interest rates at near zero and will be there for an "extended period." The September FOMC Statement was more or less a rehash of the August FOMC Statement. Latest data "suggests that economic activity has picked up following ...
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