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Showing 1 - 10 of 35 results for "Fed policy"

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG  |  MONDAY, 23 NOV 2020
It's quite a delicate balance - akin to the "will it, won't it" speculations on Fed policy decisions BC (before COVID) - but it appears that the dying days of 2020 swing between optimism and pessimism depending on which side of the bed financial ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... haven'." "We are seeing something very similar in the current situation; USD has been rising through the deterioration in Fed policy bets since late 2018 and ultimately renewed rate cuts from mid-2019." Henry Jennings, senior market analyst at Marcus ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... days. Wall Street down... it's because of the US-China trade war, Brexit, Italy, overvaluation, peak earnings, Fed policy mistake. Wash, rinse, repeat at the next down day. Wall Street up... easing trade tensions, good news on Brexit and Italy, China ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... it's bringing good tidings courtesy of the recently-appointed vice chairman, Richard Clarida, when he hinted that Fed policy is close to "neutral". I quote: "As you move in the range of policy that by some estimates is close to neutral, then with ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
Latest data updates indicate that the US economic juggernaut continues to power on. The ISM non-manufacturing index shot up from 58.5 in August to a higher than expected 61.6 in September - its highest level on record. In addition, the ADP private sector ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... cycle - the flattening yield curve. Responding to a question by senator Pat Toomey about this and its implication for Fed policy, Powell answered that the FOMC have discussed this but for him, it's the neutral rate of interest that matters more - ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... 2016 (the first Fed rate hike) and end-2017 was for continued dollar appreciation based on expectations for continued Fed policy normalisation - three rate hikes expected (and done) in 2017 - while other major world central banks keep their own policy ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... February numbers are released. This, along with the uncertainty that is Trump, suggests continued gradual and gentle Fed policy normalisation. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... - just as it figured Trump's reflationary policies would in early 2017 - and with it, the risk of a more aggressive Fed policy move.

Returning Fed hike expectations could be flattened by yield curve

BENJAMIN ONG  |  MONDAY, 11 JUL 2016
... 96.4 from 93.7 just before the Brexit vote. Similarly, the yield on two-year US Treasury notes - the most sensitive to Fed policy expectations - have gone back up to 0.69% after falling to as low as 0.55% several days following the UK referendum on 23 ...
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