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Search ResultsShowing 1 - 5 of 5 results for "Chairman Powell"
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: The clown in the White House
BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
... about the Fed's optimism over the outlook for US economy and doubts over its independence from Trump should Chairman Powell and his merry people announce a halt in proceedings. But Trump couldn't argue against (oh but he will) the fact that his ...
Chief economist update: Finding neutral
BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
I commented about the tug-o-war between the bulls and the bears on Wall Street yesterday, and Monday's action on 'The Street' shows they're still tugging and pulling. It's so easy to commentate on the day-to-day action on Wall Street ...
Chief economist update: The money is one Fed rate hike next year
BENJAMIN ONG  |  MONDAY, 19 NOV 2018
The tug-o-war between the bulls and the bears continues on Wall Street as 2018 draws to a close. Whether this state of affairs - or better yet, resolved one way of another (up or down) - depends primarily on the end game of the on-going trade stoush ...
Chief economist update: New Fed chief, same policy direction (but more transparent)
BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... the House of Representatives in his first testimony as head honcho of the US Federal Reserve. In a prepared text chairman Powell painted a pretty picture of the economy: "...the economic outlook remains strong. The robust job market should continue to ...
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