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Showing 731 - 740 of 994 results for "US Federal Reserve"

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
Last night the US Federal Reserve made Wall Street an offer it could not refuse - 1.25 trillion freshly minted greenbacks. After heading south for most of the trading session, the S&P 500 changed direction and headed for a more than 2 per cent gain ...

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... know - that the US economy is in shambles. The US President, the US Treasury Secretary and the Chairman of the US Federal Reserve have all made statements alluding to this fact. Similar authorities in other countries have also made the same statements. ...

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
... government for salvation. The Government responds by promising money, but is uncertain how this would be spent. The US Federal Reserve, having no more room to move, prints money. The uncertainty causes US household spending to retrench, putting pressure ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
... see China and other US government creditors now wringing their hands. The jury is still out on America. Even US Federal Reserve Chairman Ben Bernanke is hedging his bet. In his testimony before Congress overnight, he remarked that, 'significant stresses ...

Treasuries still strong: ML

RUTH LIEW AND MICHAEL HOBBS  |  THURSDAY, 19 FEB 2009
... expert. Stephen Corry, Merrill Lynch, chief investment strategist for global wealth management, believes that the US Federal Reserve cannot allow Treasury yields to climb much higher than its current levels of around 2.6 per cent. This is in stark contrast ...

The biggest loser

BENJAMIN ONG  |  MONDAY, 16 FEB 2009
... rates as fast and as aggressively as the central banks of the United States, Japan and the United Kingdom. The US Federal Reserve's and the Bank of Japan's (BoJ) official policy rates are now virtually zero. The Bank of England's (BoE) base rate is headed ...

Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
... consecutive quarters during both the 1990/91 and 1980/81 recessions. Just like recent actions taken by the US Federal Reserve and the Bank of Japan, the BoE is going the way of quantitative easing. The British central bank announced that it would begin ...

Good Bank Bad Bank

BENJAMIN ONG  |  THURSDAY, 29 JAN 2009
Bad bank sparks optimism in US equities. Last night's decision by the US Federal Reserve's Federal Open Markets Committee to leave interest rates unchanged at virtually zero was a no-brainer. How can it do otherwise when the deepening financial and ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... Australia, if the situation goes unabated, Australia, too, will be sucked in into this vortex. This week the US Federal Reserve's Federal Open Markets Committee will meet to decide on the country's monetary policy settings, and perhaps to again try and ...

Bonds no safer than houses

BENJAMIN ONG  |  MONDAY, 19 JAN 2009
Flight to safety? Really? Fears about the economic outlook and a helping hand from the US Federal Reserve has pushed up the US bond market over the past few months. Fresh signs that the American economic recession is deepening - and so is the world's ...