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Showing 61 - 70 of 211 results for "Fed funds rate"

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... nominal bond yields and Treasury Inflation-Protected Securities (TIPS) shows how aggressive. And this, when the fed funds rate is just at 2.25% going on 2.5%.

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
... vice-chairman Clarida talking about the Fed being "much closer" to neutral and Atlanta Fed President Bostic speak of the fed funds rate being "not too far" from neutral, but nothing beats hearing the same from the Fed's head honcho himself. In his ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... siphoning liquidity from the rest of the world. It's a no brainer. Investors would rather put their money in the fed funds rate and earn 2.25% (currently) than in euros (0% repo rate) or the yen (-0.1% discount rate) or even Australia (1.5% official ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... published estimate of the "neutral interest rate" is 2.5% to 3%. All good and yippee-kay-yay for at the current fed funds rate of 2.25% (2%-2.25% to be exact), the Fed needs to raise interest rates by only one to three times (at 25 bps each) before it ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... hikes. These comments and admission from the Fed has lowered the probability of the US central bank lifting the fed funds rate, according to CME's FedWatch Tool from 2.25% now to 2.5% at its December 19 meeting to 65.4% from 75.8% a week before. ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... (7-8 November) to be a ho-hum event. In fact, the CME FedWatch Tool puts the probability of the Fed keeping the fed funds rate at 2-2.25% at 92.8% - almost a sure "no change" thing. However, betting on the pre-Christmas meeting (18-19 December) is different. ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... ranges between 2.5% and 3.5%. But with the September dot plot forecasting more rate increase that would take the fed funds rate to around 3.4% by 2020, it appears that the Fed is leaning towards the upper range of the neutral rate estimate. The latest ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... growth will ultimately lead to higher inflation. Ergo, the Fed would need to be more aggressive in raising the fed funds rate. At the conclusion of its September FOMC meeting, the Fed's dot plots indicated another three more interest rate hikes in ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... policy decisions of their respective central banks on the same day - 26 September. The US Federal Reserve raised the fed funds rate by 25 bps to 2.0%-2.25% on the day, the dot plots indicated that there'll be three more 25 bps lift next year and ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...