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Showing 61 - 70 of 143 results for "Jerome"

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
... of recent COVID-19 vaccine optimism and the rising cases of infections and deaths in their respective domains. Fed chair Jerome Powell thinks that while the US recovery had been better than expected and continues to progress, it remains uneven and incomplete ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... stimulus deal is signed today, tomorrow or never? The short answer is the US Federal Reserve remains unconvinced. Fed chair Jerome Powell thinks there's still a long way to go before the economy fully recovers from the pandemic. Fed governor Lael ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... circle of confidence, spending and ultimately, stronger growth? The short answer is the Fed remains unconvinced. Fed chair Jerome Powell thinks there's still a long way to go before the economy fully recovers from the pandemic. Fed governor Brainard ...

Financial advice firms facing failure: Dynamic Asset Consulting

ELIZA BAVIN  |  MONDAY, 28 SEP 2020
... clients at serious risk by implementing traditional strategic asset allocation (SAA) portfolios. DAC portfolio manager Jerome Lander said most Australian financial advisers are still operating client portfolios based on a view that interest rates will ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... into the negative to counteract the negative impact of the coronavirus pandemic on their respective economies. Fed chair Jerome Powell's last words on negative interest rate policy were that the FOMC was negative on it. Powell told a video conference ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
... restrictions in an increasing number of US states that are experiencing rising infections. A fact not lost on US Fed chair Jerome Powell. At a press conference following the 28-29 July FOMC meeting, Powell declared: "We have seen some signs in recent ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... The Reserve Bank of Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated overnight: "The path of the economy will depend significantly on the course of the virus."

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... May. We have entered an important new phase and have done so sooner than expected." This was what US Federal Reserve chair Jerome Powell declared before the Committee on Financial Services of the House of Representatives two weeks ago (30 June). True ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
US Federal Reserve chair Jerome Powell has painted an optimistic picture of developments in the US economy while at the same time warning of extraordinary uncertainty. "As the economy reopens, incoming data are beginning to reflect a resumption of economic ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... drop in US economic growth or the OECD's prediction for a 7.3% decline (assuming no second wave). Besides, Fed chair Jerome Powell and his merry men and women of the FOMC pledged to keep monetary policy accommodative "until it is confident that the ...