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Showing 761 - 770 of 994 results for "US Federal Reserve"

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
... their own central banks would follow our central bank's lead - US equities were nonplussed. Hopes that the US Federal Reserve will lower interest rates at its FOMC meeting next week and news of another 'lender of last resort' intervention by the US central ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
... received a negative lead from Wall Street after stocks dropped for a fifth day as investors shrugged off signs the US Federal Reserve will cut interest rates and focused concern on financial companies' balance sheets. At 0755 AEDT, the December Share ...

Fed on Zero Interest Rate Policy?

BENJAMIN ONG  |  TUESDAY, 7 OCT 2008
... depression. The RBA may indeed cut interest rates by 50 basis points today. In turn, we might eventually see the US Federal Reserve adopt the BoJ's policy of zero percent interest rates. The Reserve Bank of Australia (RBA) will have a lot to digest when ...

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
... arrangement already put in place for AIG, parent company for AIG Life Australia. This is because on 16 September, the US Federal Reserve agreed to assist AIG via a US$85 billion Secured Revolving Credit Facility, a facility that AIG expects to only have ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
... Program (TARP) were not approved. The duo emphasised the urgency of the swift passage of the bail-out package. US Federal Reserve Governor Ben Bernanke warned that the US financial system faces grave threats and fears that economic growth in the second ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
... they would require more incentives (read higher interest rates) to continue lending money to America. Or the US Federal Reserve could simply engage its printing presses. Or they could simply raise taxes to plug the deficit. All these choices are unpalatable ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... central banks launched a joint effort to address the liquidity crisis and stabilise the financial markets. The US Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada and the Swiss National Bank agreed to jointly inject ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
... implications of the Lehman Brothers' collapse on the financial system. Equities were whipsawed, first sliding on the US Federal Reserve's decision to keep interest rates on hold at 2 per cent before recovering on news reports that the US Treasury is ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... bank -- Merrill Lynch -- and American International Group begging for A US$40 billion bridge loan from the US Federal Reserve. Reports that the Fed has further expanded its lending facility, a consortium of 10 major US banks pledged to make US$70 billion ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... capital are successfully addressed. Last week's short-lived market rally underscores the difficult task the US Federal Reserve and the Treasury has in tackling the problems in its financial sector and in the broader economy. They seem to be playing the ...