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Showing 1 - 5 of 5 results for "Fed purchases"

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... week's trading didn't help. The rationales came in fast and thick: increasing US budget deficit; reduced Fed purchases (on QE unwind); and, of course, Fed rate hikes. What's wrong with that? A strengthening US economy (or any economy for ...

Counting up and counting down

BENJAMIN ONG  |  TUESDAY, 8 OCT 2013
... killed it. And guess what a prolonged crisis in America does...no near-term taper and perhaps, even an increase in Fed purchases. Bad for the euro for it's a de facto tightening of monetary policy as well as eroding euro exporters' international competiveness. ...

Head faked again

BENJAMIN ONG  |  WEDNESDAY, 3 NOV 2010
... liquidity that's the problem. And this is where it gets sticky, a conundrum if you will, for Australia. Because more Fed purchases of US Treasuries would lower their yields and devalue the US dollar. What these mean is that the added liquidity in the ...

Thanks for now

BENJAMIN ONG  |  TUESDAY, 24 NOV 2009
... from last year's double-digit worth of supply. American homebuyers have the Fed and Uncle Sam to thank for this. Fed purchases of mortgage-backed securities have lowered home mortgage rates while Uncle Sam's homeowners' tax credit grant. Of course, they ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... use of its balance sheet, beyond expanding our lending to financial institutions.' Among these, he contemplates Fed purchases of longer-term Treasury or agency securities on the open market. This will bring yields lower and buoy domestic demand, particularly ...
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