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Showing 51 - 60 of 108 results for "US Congress"

Market Wrap

AAP  |  FRIDAY, 8 JUN 2012
... leading the declines this morning," he said. Mr Bernanke kept all policy options open when he testified in front of the US Congress' Joint Economic Committee. "If we decide that further action is required, then, of course, we have to decide what action ...

No greed, no fear, no volume

BENJAMIN ONG  |  MONDAY, 26 MAR 2012
... but only for a short while. And then the bigger macro dynamics assert themselves. Just last week Big Ben told the US Congress how. "Higher energy prices would probably slow growth, at least in the short run." They could "create at least short-term inflation ...

Better and better

BENJAMIN ONG  |  FRIDAY, 2 MAR 2012
... the lines of, "we're doomed (again) because Big Ben's no longer our friend". Well, Big Ben's testimony before the US Congress continued overnight, again there was not even a whisper of more policy stimulus, nor a hint that another QE is at least being ...

Lookin' for trouble

BENJAMIN ONG  |  TUESDAY, 22 NOV 2011
... growth prospects threaten France's stable outlook. "Super" trouble in America. After months of blahs, it looks like the US Congress' "supercommittee on the deficit" is expected to announce today that it has super failed to reach a deal in time for Wednesday's ...

Market Wrap- Midday

AAP  |  MONDAY, 21 NOV 2011
... solution to the US debt crisis. Failure would trigger mandatory cuts from January 2013, but that timeframe means the US Congress can wriggle out of the supposed ultimatum. On the local market at 1205 AEDT, in the financial sector, National Australia ...

Congressmen agitate for US transaction tax

ALEX DUNNIN  |  THURSDAY, 3 NOV 2011
Two US Congressional Democrats have announced they will again present legislation to introduce a US transaction tax modelled on the European transaction tax that is already set to take effect from 2014. Senator Tom Harkin and Congressman Peter DeFazio ...

Ben calls on JMK

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2011
... well have "heretic" tattooed on his forehead. Perhaps what we need is another TARP moment. Remember the time? The US Congress voted against the Troubled Asset Relief Program on 29 September 2008. Wall Street dived. Congress approved the extra spending ...

Higher US interest rates possible on downgrade

ALISON BEVEGE  |  THURSDAY, 28 JUL 2011
... in decline, spooked by the threat of the US losing its AAA rating on Treasury securities due to the failure of the US Congress to reach agreement on raising the debt ceiling. US markets suffered their worst one-day drop in two months overnight with the ...

China surprise

BENJAMIN ONG  |  FRIDAY, 15 APR 2011
... either way. Oh yes, there were the same old, same old issues masquerading as fresh news. There was the report of the US Congress' approval of the legislation cutting government spending by US$38.5 billion. Hip, hip... A government shutdown has been staved ...

USA is going A-OK

BENJAMIN ONG  |  FRIDAY, 4 FEB 2011
... giving other autocracies in the Arab world but Big Ben wouldn't like anyone to spit on his face -- especially the US Congress - by admitting he erred. No siree! The writing's on the wall. Those who've been following space would have noted the grocery ...