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Showing 51 - 60 of 193 results for "FOMC meeting"

Chief economist update: The clown in the White House

BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
... the fed funds rate (currently at 2%-2.25%) rising by 25 bps to 2.25-2.5% at the conclusion of its 18-19 December FOMC meeting at 73.2%. Not only that, it would raise questions about the Fed's optimism over the outlook for US economy and doubts over ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
Financial markets expect the US Federal Reserve's FOMC meeting this week (7-8 November) to be a ho-hum event. In fact, the CME FedWatch Tool puts the probability of the Fed keeping the fed funds rate at 2-2.25% at 92.8% - almost a sure "no change" ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... slowing picture), expectations that the Fed will raise interest rates by another 25 basis points at its December FOMC meeting would weaken. However, because markets have already priced in a December rate hike, the Fed could still proceed. Not doing so ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... Ergo, the Fed would need to be more aggressive in raising the fed funds rate. At the conclusion of its September FOMC meeting, the Fed's dot plots indicated another three more interest rate hikes in 2019, on top of another one in December this year. ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's announcement. The S&P 500 soared by as ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't be a surprise. What ...

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

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... Reserve Bank's in each of 12 Federal Districts and is published approximately two weeks before the Fed's FOMC meeting. After an improved economic growth assessment in the May report, the June Beige Book reports that economic activity is expanding ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... June FOMC statement, the risks to this outlook "appear roughly balanced." However, the minutes of the 12-13 June FOMC meeting indicates that the risks are leaning a bit heavier on the downside. There's the risk from Trump's protectionist policy ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... lower after the Fed announced the widely-anticipated 25 basis point hike in the fed funds rate to 1.75%-2% at its FOMC meeting and according to Fed chief Powell, "is another sign that the US economy is in great shape. Growth is strong. Labour markets ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's 1-2 May FOMC meeting. Can't blame them, it was there all for everybody to see or interpret what they saw. "Most participants judged that ...