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Showing 71 - 80 of 94 results for %22Jerome Powell%22

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... boomeranged to America: "And now 'tis far too huge to be blown out". All eyes and ears are on US Federal Reserve chair Jerome Powell's messaging at the Jackson Hole symposium on August 23. Will he? won't he? bend to Trump's recent demand ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... fallen below 2.0% to 1.86% on August 2. The headlines on that day focused on the markets' disappointment over Fed chair Jerome Powell's forward guidance that further interest rate cuts will depend on "incoming data and the evolving risk picture". ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... and then a follow-up reduction to 1.75%-2% - with 49.6% probability from just 8.6% one month ago. How Fed chairman Jerome Powell prepares the world for an upcoming policy reversal - from onwards and upwards towards normalisation to whoops, we've ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... seizure that produced the 'Great Recession' of a decade ago. So what gives? US Federal Reserve Chairman Jerome Powell at his press conference after the FOMC's March meeting. Powell warned below-target inflation is "one of the major challenges ...

Chief economist update: The Fed has hit neutral

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2019
The widely-anticipated market moving event this week - US Federal Reserve Chairman Jerome Powell's semi-annual testimony before the Committee on Banking, Housing, and Urban Affairs of the US Senate - turned out to be a bummer. We've seen this ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
I hear ya! US Fed Chairman Jerome Powell had already come out declaring something along these lines at his first outing for 2018. Still, it's more comforting to have all the members of the Federal Open Market Committee (FOMC) put their imprimatur in ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... neighbours languish. Sooner or later, it'll come back to bite Uncle Sam on his behind. None other than Fed chairman Jerome Powell understands this. In a joint interview with his predecessors - Ben Bernanke and Janet Yellen - at the American Economic ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... me I can't imagine how the Fed could be optimistic in the midst of all the evidence. It looks as if Fed chair Jerome Powell and his merry men are doing a similar thing to Ben Bernanke and his brothers in 2008. A year before the GFC, then Fed chair ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
We may have a Santa Claus rally this year after all! US Federal Reserve chairman Jerome Powell spooked us all - in the Halloween month of October - when, in an interview with PBS, he declared that: "The really extremely accommodative low interest rates ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... inflation is expected to rise to 2.1% over the next three years from 2.0% this year. In his press statement, Fed chair Jerome Powell stated the Fed's dilemma over monetary policy, "One is if we move too quickly we snuff out a recovery unnecessarily ...