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Showing 1 - 10 of 11 results for "Madame"

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... by 16.3% this year to date and by a whopping 73.2% since the pandemic low it plumbed back in March 2020. Then again, as Madame Lagarde pointed out, while the Eurozone's economic outlook is heading in the right direction, she's "not suggesting ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of course to Madame Yellen's defence of President Biden's ginormous US$1.9 trillion coronavirus relief package against Summers' concern over the ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
... federal funds rate target." Choowareewareewa! Yes, this year! The year 2015! She's not taking that other lady's - IMF's Madame Lagarde - advice to hold off until after the New Year because, look, Christine's organisation has just downgraded the US growth ...

The RBA not in full control of dollar-A

BENJAMIN ONG  |  THURSDAY, 2 APR 2015
... back up, to a high of US$0.7870 last week (24 March) - despite the odds for an April rate cut firming up, but followed Madame Janet's "not impatient" quip. Checked on my Bloomberg screen again, A$ now up to US$0.7605 from US$0.7601 a few minutes ago ...

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
... March meet. But over the same period, the Australian dollar has only weakened by 2.8% versus the US dollar - no thanks to Madame Janet's dovish comments - and by 1.9% on a trade weighted basis. This ensures that, unless the A$ collapses between now and ...

2015: a lift year

BENJAMIN ONG  |  MONDAY, 30 MAR 2015
... expect that conditions may warrant an increase in the federal funds rate target sometime this year." Yup, it's not only Madame Janet but "most of my FOMC colleagues". The main becauses: a small increase in the fed finds rate "might slow" the pace of ...

From the mouths of Feds

BENJAMIN ONG  |  FRIDAY, 27 MAR 2015
... says amounts to nought... it's the Fed guy's interpretation of the data flows that amounts to well... lift-off, or not. Madame Janet must have been given them their marching orders to "go forth and spread the word' for several Fed officials have been ...

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
... while the Fed did, indeed, remove the word "patient", the dovish tone in its monetary policy statement - as well as in Madame Yellen's press conference - sparked a rebound in the All Ords, sending it to a new 2015 closing high of 5,936.3 points at the ...

'Brexit' betting booths now taking bets

BENJAMIN ONG  |  MONDAY, 23 MAR 2015
... and US bond yields fell from the prior week (before the Fed) while the US equity market rose. Yippee-kay-yay! Kudos to Madame Janet for her craftily-crafted "forward guidance", she was able to take out 'patient' without panicking the markets. Having ...

The real problem

BENJAMIN ONG  |  FRIDAY, 20 MAR 2015
... yields; US equities and commodity prices fell. This is because no matter how you slice, dice, chop or spin it - throw in Madame Janet's "not impatient" for good measure - the removal of the word signals that the Fed is set to raise the fed funds rate ...
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