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Showing 1 - 9 of 9 results for "April FOMC"

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... drive growth in the country's consumer prices significantly beyond zero. In his press conference after the 27-28 April FOMC meeting, Fed Chairman Powell stated that, "Readings on inflation have increased and are likely to rise somewhat further before ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations that would eventually force the Fed's hand into ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
... rate hike this year compared with just one in the March meeting. In addition, after dissenting in both the March and April FOMC meetings - preferring the target rate be lifted from 0.5% to 0.75% instead, Kansas City Fed president Esther George voted ...

Minutes to disaster

MARK SMITH  |  MONDAY, 23 MAY 2016
... perhaps... not the written one. Not when they're inked in black in white and autographed as in the minutes of the 26-27 April FOMC meeting. "Participants expressed a range of views about the likelihood that incoming information would make it appropriate ...

Strong USD reflects (deflects) lift-off

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2015
... into the greenback. And oh, it also reduces inflation pressure. The Fed is clued in on this. The minutes of its 28-29 April FOMC meeting revealed that members discussed the "damping influence of the dollar's appreciation". "A number of participants suggested ...

You can forget June

BENJAMIN ONG  |  THURSDAY, 21 MAY 2015
... possibility." There was the same acknowledgement of economic weakness in the first quarter that we read about in the April FOMC statement and the same dismissal that this was due to "transitory factors" but with the addition that this could be due to ...

'Patient' Party

BENJAMIN ONG  |  THURSDAY, 19 MAR 2015
... sentence in the FOMC statement, "...an increase in the target range for the federal funds rate remains unlikely at the April FOMC meeting. Or this, "This change in the forward guidance does not indicate that the Committee has decided on the timing of ...

Bear have no fur

BENJAMIN ONG  |  MONDAY, 23 MAY 2011
... easy" side for who knows when, ensuring that liquidity remains plentiful. The Fed said so themselves and from their April FOMC meeting minutes they told us that they are prepared to embark on "another program of asset purchases" if there is "a significant ...

No minute message in FOMC minutes

BENJAMIN ONG  |  THURSDAY, 19 MAY 2011
... worsens. What about the excess liquidity in the system provoking inflation to rear its ugly head? According to the April FOMC minutes, the Fed still believes that the recent rise in headline inflation is transitory. The recent drop in commodity prices ...
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