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Showing 1 - 10 of 29 results for "Financial Services Committee"

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... anticipated following stronger economic data, said Federal Reserve chair Jerome Powell before the House Financial Services Committee. Providing testimony yesterday, Powell explained the Fed will continue to make decisions "meeting by meeting", taking ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... regulators APRA and ASIC, as a principles-based document to help govern financial services. IIA's financial services committee, which developed the guide, includes senior audit executives from major organisations such as AMP's Nicola Rimmer-Hollyman ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... not to question Fed chair Jerome Powell's view. In his testimony before the US Congress' Financial Services Committee, he reiterated that, although "not on a preset course... the current stance of monetary policy will likely remain appropriate". ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... raised the fed funds rate by 25 basis points to 1%-1.25%. In her prepared remarks before the House Financial Services Committee, Yellen reiterated her positive outlook on US growth: "Ongoing job gains should continue to support the growth of incomes ...

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
... Chair Janet Yellen testifies before Senate Banking Committee this Wednesday and before the House Financial Services Committee the following day. Will Janet still maintain that the recent low inflation outcomes as transitory?

SMSFA appoints high profile former politicians

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
... the House of Representatives seat of Oxley from 1998 to 2016, and was chair of the Corporations and Financial Services Committee inquiry into the financial services industry and formulation of the Future of Financial Advice (FOFA) reforms. "These outstanding ...

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
... expectations as Yellen explained in her testimony before the Senate Banking Committee and the House Financial Services Committee. One that's also mentioned in the February monetary policy statement: "...the actual path of the federal funds rate will ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... Yellen hinted as much when she testified before the Senate Banking Committee (14 Feb) and the House Financial Services Committee (15 Feb) and which she re-emphasised in her speech before "The Executives' Club of Chicago" on the 3rd of March. "...we realize ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... after Fed Chair Janet Yellen testified before the Senate Banking Committee (14 Feb) and the House Financial Services Committee (15 Feb). In her testimony before the Senate, Yellen stressed that, "Waiting too long to remove accommodation would be unwise ...

Republican brands Dodd-Frank "regulatory waterboarding"

MARK SMITH  |  TUESDAY, 22 MAR 2016
... administration of engaging in "regulatory waterboarding" when it comes to monitoring banks. House Financial Services Committee chairman Jeb Hensarling said the Dodd-Frank reforms, which increase the oversight of financial institutions in the US, have ...
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