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Showing 1 - 7 of 7 results for "Fed Bank"

The man with the golden jawbone

BENJAMIN ONG  |  THURSDAY, 27 AUG 2015
... announcement -- 25bp cut in interest rates and 50bp reduction in banks' reserve requirements. 'twas Bill -- New York Fed Bank president and FOMC vice-chairman William Dudley - and his jawbone that did it. "From my perspective, at this moment, the decision ...

September -- morn or mourn?

BENJAMIN ONG  |  THURSDAY, 6 AUG 2015
... percent Wednesday, up from just 38 percent just two days earlier. What's fueled the change of heart? Hawkish comments from Fed Bank of Atlanta President Dennis Lockhart on Tuesday, and a surprisingly strong report on U.S. service-sector growth Wednesday ...

Here we go again

BENJAMIN ONG  |  WEDNESDAY, 9 JUL 2014
... fall like this was on 20 May... then it stopped and went up. Why? Because - whether or not he was sent by Aunt Janet - Fed Bank of New York President and FOMC voting member William Dudley told us that day that "the pace of eventual rate increases "will ...

Watching you watching me watching you

BENJAMIN ONG  |  WEDNESDAY, 21 MAY 2014
... commentary - it didn't fit with Wall Street's performance of the day - it was an important insight into the Fed's head. "Fed Bank of New York President William Dudley said the pace of eventual rate increases "will probably be relatively slow," depending ...

That evil word is back

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2013
... only on Nov. 18." Not only that, "After today, it will carry out dual purchases on Dec. 9 and Dec. 19, according to the Fed Bank of New York's Website." So whaddya think? Why would the Fed do this if it's going to unwind all of this after its 17-18 December ...

All juiced up

BENJAMIN ONG  |  THURSDAY, 7 JUN 2012
... outlook worsens. And it wasn't only Signor Draghi beating the drum of stimulation last night, FOMC voting member and Fed Bank of Atlanta president Dennis Lockhard was at it too. "Should it become clear that something resembling my baseline scenario of ...

Fed Banks upgrade to next gen payment systems

A dozen Federal Reserve Banks in the US are upgrading their electronic check and image processing systems in a bid to handle the growing volumes of electronic checks and images from financial institutions. Unisys Corporation has signed a consulting ...
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