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Showing 51 - 60 of 159 results for "Federal Funds Rate"

Trump's helping hand

BENJAMIN ONG  |  MONDAY, 21 NOV 2016
... Committee of the US Congress on 17 November, Madam Yellen declared: "Were the FOMC to delay increases in the federal funds rate for too long, it could end up having to tighten policy relatively abruptly to keep the economy from significantly overshooting ...

Central banks still got their mojo

BENJAMIN ONG  |  MONDAY, 26 SEP 2016
... statement whenever the dot plot appears: "As I have noted on previous occasions, participants' projections for the federal funds rate, including the median path, are not a fixed plan for future policy. Policy is not on a pre-set course. These forecasts ...

Christmas in September

BENJAMIN ONG  |  THURSDAY, 22 SEP 2016
... 10-year US bonds down 4 bps to 1.65% on the day. Let's hear it from Santa Janet: "So why didn't we raise the federal funds rate at today's meeting? Our decision does not reflect a lack of confidence in the economy. Conditions in the labor market are ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months," elevated the odds to 32% double what they were 2 weeks prior (according to Bloomberg). ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
... ISM manufacturing index While most of this week's US data releases provided a "case for an increase in the federal funds rate", the latest Institute of Supply Management (ISM) survey of the manufacturing sector does not. The ISM manufacturing index dropped ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
... apartments, townhouses and units (down 17.3%). US consumer confidence Another "case for an increase in the federal funds rate" arrived in the form of a resurgence in US consumer confidence. The Conference Board's index of consumer confidence jumped to ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
... consecutive month of gains and matched market expectations. These would add to "the case for an increase in the federal funds rate" Yellen talked about at Jackson Hole. However, the latest update on inflation does not. The PCE price index slowed to 0.8% ...

Yellen speaks Fedspeak

BENJAMIN ONG  |  MONDAY, 29 AUG 2016
... lazy blogger, and then another and... a story is born. These words: "I believe the case for an increase in the federal funds rate has strengthened in recent months." These 17 words sent rate hike speculation in frenzy. According to Bloomberg, "Implied ...

Read the data not the Fed's lips

BENJAMIN ONG  |  MONDAY, 22 AUG 2016
... outlook "potential output growth, the natural unemployment rate, and the neutral policy interest rate (the federal funds rate)" have been shifting "for some years now". Bernanke's table showed that in 2012 the FOMC projected: potential growth (y*) of ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
... participants' assessments of appropriate monetary policy: Midpoint of target range or target level for the federal funds rate" in the Fed's June "Projection Materials" shows that six FOMC members now expect just a single rate hike this year compared ...