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Showing 1 - 10 of 22 results for "Federal Reserve officials"

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... than the Fed would have hoped to achieve. "It is the 'stickiness' in services inflation that has led Federal Reserve officials, including chair [Jerome] Powell, to leave open the prospect of a further Fed hike in the policy rate." Further, Miller observed ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... 'very strong labour market' as evidence. "The accompanying Statement from the FOMC also implied that Federal Reserve officials believe that they can manage a so-called soft landing for the economy and avoid a steep downturn." On the back of Powell's ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... US is at a 40-year high, though inflationary pressures are not unique to the global powerhouse. Other Federal Reserve officials from around the world have indicated they too will aim to combat inflation through tightened monetary policy with interest ...

Market Wrap AM

AAP  |  WEDNESDAY, 13 NOV 2013
... adding a scant 0.13 at 3,919.92. In the absence of major economic news, investors focused on remarks by Federal Reserve officials for clues about when the central bank will decide to begin to reduce its $US85 billion-a-month asset-purchase program. One ...

Trick or treat?

BENJAMIN ONG  |  FRIDAY, 1 NOV 2013
... one who started the first Fed taper episode when he wrote in the Wall Street Journal on 10 May that, "Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program" but "The timing on when ...

Market Wrap AM

AAP  |  THURSDAY, 8 AUG 2013
... Asian markets fell, with Tokyo leading regional declines with a four per cent plunge after comments from Federal Reserve officials sparked jitters over a likely pullback of the US stimulus. Tokyo on Wednesday tumbled 576.12 points to 13,824.94, the biggest ...

Market Wrap AM

AAP  |  WEDNESDAY, 7 AUG 2013
... also 0.11 per cent, to 5,088.0 points. NEW YORK - US stocks ended lower as more data and comments from Federal Reserve officials pointed to the likely pullback in Fed stimulus in the coming months. At the close the Dow Jones Industrial Average was down ...

Sinking emerging markets

BENJAMIN ONG  |  TUESDAY, 11 JUN 2013
... according to Fed mouthpiece John Hilsenrath. John wrote in the Wall Street Journal last week that, "Federal Reserve officials are likely to signal at their June policy meeting that they're on track to begin pulling back their $85-billion-a-month bond-buying ...

Lucky in so many ways

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2012
... spilled over onto Wall Street but was tempered by late buying after the Wall Street Journal reported that Federal Reserve officials are getting impatient with the economy's sluggish growth and could take action as soon as 31 July. Classic, isn't it? ...

Nothing happened

BENJAMIN ONG  |  THURSDAY, 18 AUG 2011
... it out, "Most US stocks fell, wiping out an earlier rally, as Dell Inc. forecast weaker sales and two Federal Reserve officials expressed concern about the amount of stimulus being applied to the economy." There! Now tell me what impression do you get ...
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