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Showing 691 - 700 of 994 results for "US Federal Reserve"

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
... Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of this saga now known as the GFC. Yes, it has always been normal for a few or more US Senators ...

Stuck at zero

BENJAMIN ONG  |  THURSDAY, 5 NOV 2009
Steady as she goes! The US Federal Reserve maintained its course as it tries to guide the US economy out of stormy waters. There we have it Virginia, the much-awaited, much speculated US Federal Open Markets Committee (FOMC) meeting produced nada. By ...

Elusive 10K

BENJAMIN ONG  |  TUESDAY, 27 OCT 2009
... housing and credit bubble. Even better, long-term US bond yields remained at around four per cent despite the US Federal Reserve's aggressive lifting the fed funds rate from a low of 1.0 per cent in 2004 to 5.25 per cent by mid-2006. Remember former ...

Sucked in

BENJAMIN ONG  |  THURSDAY, 22 OCT 2009
... have the ability and willingness to tighten monetary conditions when the time comes," which is "not now. " (US Federal Reserve Bank of San Francisco President Janet Yellen). Bubbles only form when everyone is optimistic. Right now, not everyone is. Right ...

Herding 20 cats

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2009
... setting the direction, which in many years passed, have been made for their own benefit. In the words of former US Federal Reserve Chairman Paul Volcker, "I don't know how we accommodate ourselves to it...You cannot be dependent upon these (emerging) ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 SEP 2009
... fell on Monday as traders cashed in gains from last week's strong rally and waited for the outcome of a key US Federal Reserve meeting and a summit of the Group of 20 leading world economies. London's benchmark FTSE 100 index of leading shares fell 38.53 ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
... the positive signs we've already seen - ISM, industrial production, retail sales - more came last night. The US Federal Reserve reported that American households and non-profit institutions grew US$2 trillion richer in the second quarter with their reported ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 SEP 2009
... recovery is underway in major economies. US industrial production data, merger and acquisition activity and US Federal Reserve chairman Ben Bernanke's comments a day earlier that the US was out of recession all fuelled the positive sentiment. London's ...

Three wise men - maybe

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2009
... at a California conference. The tone was similarly positive at the Brookings Institution in Washington, with US Federal Reserve Chairman Ben Bernanke declaring that, "The recession is very likely over at this point." But he was not making 'a lot of money' ...

Playing chicken with tyres

BENJAMIN ONG  |  TUESDAY, 15 SEP 2009
... protect their domestic economies while making the rest of the world beggars. Great Depression II here we come. US Federal Reserve Governor (and Depression scholar) Ben Bernanke should sit with Barrack and Jiabao and show them what could happen if they ...