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Showing 51 - 60 of 99 results for "Fed Chairman"

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUL 2011
... while the broader All Ordinaries index added 19.7 points, or 0.43 per cent, to 4,583.2. NEW YORK - Comments from Fed Chairman Ben Bernanke set off a stock market rally early on Wednesday, but it wasn't long before another Fed official cut it short. In ...

The sound of QE3

BENJAMIN ONG  |  THURSDAY, 23 JUN 2011
... will likely hint at QE3 / interest rate caps." Big Benny hinted as much. At his press conference last night, the Fed Chairman said that, " The thrust of 'extended period' is that we believe we're at least two or three meetings away from taking any further ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 APR 2011
... whether the economic recovery can sustain itself with less central bank stimulus. Markets also were on tenterhooks for Fed chairman Ben Bernanke's first post-FOMC press conference, the first for any Fed chairman. The bond market gained. The yield on ...

Torturing the data

BENJAMIN ONG  |  MONDAY, 16 AUG 2010
... wrong. US data releases over the weekend signalled the continuation of the current trend in the economy - what former Fed Chairman Alan Greenspan called "a typical pause that occurs in an economic recovery". But thanks to his successor's "unusually uncertain ...

Wall Street takes a dive

BENJAMIN ONG  |  THURSDAY, 22 JUL 2010
... landed a knock out punch with his words, "the economic outlook remains unusually uncertain." The printed text of Fed Chairman Ben Bernanke's Semi-annual Monetary Policy Report to the Congress contained 19 paragraphs and 2,419 words. How and why on earth ...

Going nowhere fast

BENJAMIN ONG  |  THURSDAY, 17 JUN 2010
... shaving "a tenth or two off my growth forecast for this year. It also raises the profile of some downside risks." Fed Chairman Bernanke (June 9): "...the European crisis would have a "modest" effect on the U.S., assuming financial markets "continue to ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 24 FEB 2010
... percent from 3.80 percent late Monday. Investors will get further insight into potential interest rate changes when Fed chairman Ben Bernanke testifies before Congress on Wednesday and Thursday. At settlement, the Dow Jones Industrial Average was 100.97 ...

When the time comes

BENJAMIN ONG  |  THURSDAY, 11 FEB 2010
... cross to America, where the Fed is again making waves. Testifying before the US House Financial Services Committee, Fed Chairman Ben Bernanke stated that, "Although at present the US economy continues to require the support of highly accommodative monetary ...

Greek tragedy overwhelms Obama

BENJAMIN ONG  |  FRIDAY, 29 JAN 2010
... delivering his oration. This soured Wall Street and other equity markets. News that Ben Bernanke was reappointed as Fed Chairman by a 70-30 vote came too late to quell worries about negative developments in Greece. The S&P 500 index closed 1.2 per cent ...

We're still in Kansas

BENJAMIN ONG  |  MONDAY, 7 DEC 2009
... near term - the very near term. Some speculate of higher fed funds rate by March or June next year. Really? With Fed Chairman Benny under the pump, I don't think he would want to see the experience of the Great Depression repeated under his watch. Not ...