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Showing 61 - 70 of 184 results for "Powell"

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... 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 Brainard ...

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

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... 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 believes ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... insurance risks, such as mortality, critical illness and disability. Integrity Life opened its doors in mid-2018, led by Chris Powell, who has now retired. The life insurer protects more than 60,000 customers across both their group and retail books. ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... 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 hosted by the Peterson Institute for International Economics last May that: "The committee's ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... headline and core PCE price indices - the Fed's inflation target - above 2%, did it not? Even assuming that chairman Powell and his merry FOMC men are on the ball that inflation would hit the 2% target by 2023, the US central bank's new "average ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
"If the mountain will not come to Muhammad, then Muhammad must go to the mountain." True to its legend, the Jackson Hole symposium - online as it may be this year due to the pandemic - produced another significant shift in US monetary policy. On August ...

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
... 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
... 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 that..."resumption ...

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 ...