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Showing 61 - 70 of 99 results for "Fed Chairman"

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
... meltdown. On other consumer protection issues you only acted as the time approached for your re-nomination to be Fed Chairman. Alan Greenspan refused to look for bubbles or try to do anything other than create them. Likewise, it is clear from your statements ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 NOV 2009
... no surprises in its outlook or monetary policy. The policymaking Federal Open Market Committee (FOMC), headed by Fed chairman Ben Bernanke, said after a two-day meeting that "although economic activity is likely to remain weak for a time," its actions ...

Market Wrap - Morning

AAP  |  MONDAY, 24 AUG 2009
... a 7.2 per cent lift in existing home sales in July, setting a four-month rally for the first time in five years. Fed chairman Bernanke further lifted spirits, telling a meeting of central bankers that the global outlook for recovery from the worst slump ...

De-stressing the stress test

BENJAMIN ONG  |  THURSDAY, 7 MAY 2009
... drop from the 80.86 peak posted in November last year. Wall Street is happier. Data out overnight gave credence to Fed Chairman Ben Bernanke's statement that, 'the real estate market has bottomed and that we can all expect a late 2009 recovery'. The ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 MAY 2009
... worries about capital shortfalls for US banks that underwent stress tests and cautious comments on the economy by Fed chairman Ben Bernanke. The Dow Jones Industrial Average edged lower by 16.09 points, or 0.19 per cent, to settle at 8,410.65, after ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... unable to stop the US economy from the recession America had to have. Time and again since the days of the Maestro - Fed Chairman Alan Greenspan - authorities bent over backwards to bandage the self-inflicted wounds of gung-ho investment institutions ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... the US Treasury. And with the changing of the guards in the White House, there is pressure on the Treasurer and the Fed Chairman to be seen to be doing something to put Humpty Dumpty back together again. It will be another four years until the next president ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 OCT 2008
... supported the market's belief that difficulties in obtaining loans have choked growth in wide swaths of the economy. Fed Chairman Ben Bernanke warned that patching up the credit markets won't provide an instantaneous jolt to the economy. A sell-off that ...

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
... three-month unsecured commercial paper in an effort to thaw the frozen market for this security. At the same time, Fed Chairman Bernanke expressed his views on the US economy, which many interpreted as implying that the Fed is ready to cut rates next ...

Fed Gloom

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2008
... Australian dollar broke above the US$0.9800 level, reaching a high of US$0.9849, before settling at around US$0.9780. Fed Chairman Bernanke issued a downbeat assessment of US economic growth, telling Congress that the Fed sees "significant downside risks" ...