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Showing 81 - 90 of 427 results for "FOMC"

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... 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 2019, on top of another one in December ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... 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 announcement. The S&P 500 ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't be a surprise. ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... This points to rising wage inflation and all but confirms the third of the four Fed rate hikes expected for 2018 when the FOMC concludes its 25-26 September meeting. Trump wouldn't be "thrilled". Just as he was upset by the latest stats on America's ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... Federal Reserve Bank's in each of 12 Federal Districts and is published approximately two weeks before the Fed's FOMC meeting. After an improved economic growth assessment in the May report, the June Beige Book reports that economic activity ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... refrain, "With a strong job market, inflation close to our objective, and the risks to the outlook roughly balanced, the FOMC believes that - for now - the best way forward is to keep gradually raising the federal funds rate." Then again there's ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the minutes of the 12-13 June FOMC meeting indicates ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... closed lower after the Fed announced the widely-anticipated 25 basis point hike in the fed funds rate to 1.75%-2% at its FOMC meeting and according to Fed chief Powell, "is another sign that the US economy is in great shape. Growth is strong. Labour ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's 1-2 May FOMC meeting. Can't blame them, it was there all for everybody to see or interpret what they saw. "Most participants ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
The US Federal Reserve's 1-2 May FOMC meeting was both expected and a non-event - it kept the fed funds rate target at 1.5%-1.75% and more or less cut and pasted the FOMC Statement at its 20-21 March meeting. Well, maybe less, for May's statement was ...