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Showing 41 - 50 of 143 results for "Jerome"

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... Evergrande's - China's second biggest property developer - debt problems. Not even the Fed. In his press conference, chairman Jerome Powell intimated that: "In terms of the implications for us, there isn't, there's not a direct United ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... our senior officials maintain a single-minded focus on the public mission of the Federal Reserve," Federal Reserve chair Jerome Powell said. The restrictions will be incorporated into the Fed's rules and policies in the coming months and follow recent ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
... biggest property developer - debt problems. Then again, the Fed was never worried about it. In his press conference, chair Jerome Powell intimated that: "In terms of the implications for us, there isn't, there's not a direct United States exposure. ...

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... the symposium was, for the first time in history, held virtually. On 27 August 2020 at the Hole, US Federal Reserve chair Jerome Powell virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - by announcing ...

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. ...