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Showing 741 - 750 of 994 results for "US Federal Reserve"

Market Wrap - Morning

AAP  |  FRIDAY, 12 DEC 2008
... cent higher on Thursday, following gains in property stocks on hopes of an interest rate cut next week by the US Federal Reserve, dealers said. The benchmark Hang Seng Index closed up 36.16 points to 15,613.90, off its intraday high of 15,781.05. WELLINGTON ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... basis point reduction mid-week. In less than a fortnight, it will be the central banks' central bank's -- the US Federal Reserve - turn to decide on its policy settings. However, with the federal funds rate at 1 per cent, think it would be safe to assume ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... Cutting the Federal funds target rate below 1 per cent is certainly feasible. This was the statement delivered by US Federal Reserve Chairman Ben Bernanke in his speech before the Greater Austin Chamber of Commerce in Texas. Financial markets practically ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 NOV 2008
... jumped 186.6 points, or 5.51 per cent, to 3,575.4. NEW YORK - Wall Street made modest gains, with news that the US Federal Reserve plans to pump up to $US800 billion ($A1.23 trillion) into the financial system in purchases of mortgage and asset-backed ...

In defense of Citi

BENJAMIN ONG  |  TUESDAY, 25 NOV 2008
... unsecured mortgages, sub-prime borrowing and structured investments. It could have survived had the medics at the US Federal Reserve and the US Treasury applied first aid. But they did not, and left America's fourth largest bank to meet its maker. But ...

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
Those of you who still remember the 'Maestro' - former US Federal Reserve Chairman Alan Greenspan - would also recall one of his musings, the long-term interest rate conundrum. In his testimony before the US Congress in February 2005, Greenspan declared ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2008
... months. Given the still fragile state of the global economy, more interest rate cuts are sure to follow and the US Federal Reserve is looking likely to adopt a zero interest rate policy. Now wouldn't that be good? Free money to buy a discounted BMW and ...

Depression talk ill-informed and ignores history

MICHELLE BALTAZAR  |  TUESDAY, 11 NOV 2008
... stronger balance sheets due to more stringent corporate governance imposed on companies. Moreover, in 1929 the US Federal Reserve was only a decade and a half old, was operating according to vastly different objectives and there wasn't any liquidity ...

Mine's bigger than yours

BENJAMIN ONG  |  MONDAY, 10 NOV 2008
... Eurozone and Australia, among others, still have room to manoeuvre, the central bank that matters most - the US Federal Reserve - is fast running out. The longer the financial markets and economic activity remains unresponsive, the more likely that the ...

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
... equities, currencies, bonds and commodities - and this was changing by the day. Wall Street fell after the US Federal Reserve brought the fed funds rate down by 50 basis points to 1 per cent -equal to its lowest level in 2004 (the fed funds rate was ...