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Showing 51 - 60 of 275 results for "Janet"

Obamacare one, Trump nil

BENJAMIN ONG  |  MONDAY, 27 MAR 2017
... from the week prior and down 3.5% from this year's high of 103.21. Reduced number of Fed rate hikes? Good thing Fed chair Janet Yellen was ahead of the game. In her press conference following the FOMC's decision to raise the fed funds rate by 25 bps ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... Reuters/Jefferies CRB index closed 1.7% higher signalling optimism over global growth. All these because fairy godmother Janet Yellen did what one and all expected - a 25 basis point lift in the federal funds rate to 0.75%-1.0% last night. "In view of ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... the fed funds rate by another 25 basis points when the FOMC concludes its two-day meeting on the 15th of March. Fed Chair Janet Yellen hinted as much when she testified before the Senate Banking Committee (14 Feb) and the House Financial Services Committee ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... markets expect the Fed to give interest rates another gentle lift. Rate hike speculations gathered momentum after Fed Chair Janet Yellen testified before the Senate Banking Committee (14 Feb) and the House Financial Services Committee (15 Feb). In her ...

One week delivery

BENJAMIN ONG  |  MONDAY, 30 JAN 2017
... 4.75% to 6.50% and seven times between April 1994 and February 1995 (from 3.00% to 6.00%. Perhaps this time is different. Janet, after all, promised to lift in baby steps. Indications are she could, because the strong US dollar would help reduce pressure ...

Activity and inflation going Yellen's way

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
The latest activity and inflation figures out of the US fit in nicely with Fed Chair Janet Yellen's speech at the Commonwealth Club in San Francisco, California. Talking about "The Goals of Monetary Policy and How We Pursue Them", Yellen all but confirmed ...

The good and the bad in the Fed rate hike

BENJAMIN ONG  |  THURSDAY, 15 DEC 2016
At long last - after 12 long months of toing and froing speculations - it came to pass. The stars aligned enabling Janet to move nearer from turning almost a decade of abnormal monetary policy into normal. Two days less of a full year, the Fed followed ...

Trump's helping hand

BENJAMIN ONG  |  MONDAY, 21 NOV 2016
... that's grateful to Trump, the major central banks are too. In her first public outing since Trump, US Federal Reserve Chair Janet Yellen gave the clearest indication yet that it's all systems go for a rate hike in December. Finally, she can do what she ...

Trump is heaven's gift to central banks

BENJAMIN ONG  |  FRIDAY, 11 NOV 2016
... worried about rising inflation, and rising budget deficit and rising debt. Say whaaa? It had been only a month ago when Janet was talking about "hysteris" and temporarily running a "high pressure economy", wasn't it? I haven't seen any US inflation forecast ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
... 2016 - some are still betting for at least one more at the other side of the New Year. This may very well be but to use Janet Yellen's words, it depends on the incoming data. In his first speech as RBA governor, Philip Lowe nominated three factors - ...