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Showing 71 - 80 of 195 results for "FOMC meeting"

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... beggar-thy-neighbour polices and other non-conventional policy measures. If I'm forced to put a finger on it, the Fed's 20-21 March FOMC meeting will mark the turning point for Wall Street. The Fed could raise the fed funds rate another 25 basis points ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... over the past 24 hours. There were no surprises at the Fed's decision to keep policy unchanged at its 30-31 January FOMC meeting. However, it changed its inflation outlook, expecting "Inflation on a 12-month basis... to move up "this year" and to stabilise ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... delivered! The US central bank lifted the fed funds rate by 25 basis points to 1.25%-1.50% following its 12-13 December FOMC meeting - as widely expected and telegraphed but more importantly, as the dot plot of December 2016 (three rate hikes in 2017) ...

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
Quo vadis inflation? The minutes of the Fed's 31 October - 1 November FOMC meeting revealed Yellen & Co's continued confusion over the unresponsiveness of consumer price inflation to undeniably solid growth in the economy. According to the minutes ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
Back in the day - in the 1990s - when I still had a full head of hair, we placed great importance to the Fed's Beige Book report for it was up there with major indicators like employment and inflation that spark major market movements. The US Federal ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
Well that was a bit of an anti-climax, wasn't it? The much-awaited US Federal Reserve's 19-20 September FOMC meeting produced little, if any, surprises. Interest rates were kept on hold this month but will be lifted by another 25 basis points to 1.5% ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... with low inflation which it basically admitted to in its policy statement following the conclusion of its 26 July FOMC meeting: "On a 12-month basis, overall inflation and the measure excluding food and energy prices have declined and are running below ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
The US Federal Reserve took another step towards policy normalisation at its June FOMC meeting - announcing another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... Reserve has taken back the economic agenda from Trump. While financial markets already know the gist of the 2-3 May FOMC meeting from the monetary policy statement announced at its conclusion, the minutes of that meeting provide nothing but good tidings ...