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Showing 1 - 10 of 348 results for %22Ben Bernanke%22

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... Australian labour market and... we'll be right mate! But wait! This smacks of the same optimism ex-Fed chairman Ben Bernanke blurted out about a couple of years before the GFC hit: "...we do not expect significant spillovers from the subprime market ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... behind. None other than Fed chairman Jerome Powell understands this. In a joint interview with his predecessors - Ben Bernanke and Janet Yellen - at the American Economic Association's annual meeting in Atlanta on 4 January 2019, Powell declared ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... midst of all the evidence. It looks as if Fed chair Jerome Powell and his merry men are doing a similar thing to Ben Bernanke and his brothers in 2008. A year before the GFC, then Fed chair Bernanke was quoted saying: "Overall, the US. economy seems ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
... utter Glum's (of Gulliver's Travels fame) "we're doomed, we'll never make it"? Even ex-Fed chief Ben Bernanke was oozing optimism months (or was it weeks?) before the global financial crisis hit. I apologise, I may have gone overboard ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... wrong. The "Great Recession of 2008" happened. And before what happened, happened, no less than then Fed Chairman Ben Bernanke was dismissive of the signals of trouble flashing right before his eyes. Quotes published by "Business Insider" prove this ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... growth in June with increased participation rate but unchanged average hourly earnings growth. Sponsored by PIMCO Ben Bernanke On Growth, Trade, Geopolitics The tepid growth in wages - which feeds into overall inflation in the economy - should give the ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... change in stances in monetary policy to the point of transmitting their intention to change the signal over their future moves. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as a fund manager, economist ...

Read the data not the Fed's lips

BENJAMIN ONG  |  MONDAY, 22 AUG 2016
... the monthly gyrations in the economic stats and peaking at the state of the economy from 34,000 feet helps either. Ben Bernanke's (remember him?) recent blog entitled, "The Fed's shifting perspective on the economy and its implications for monetary policy" ...

PIMCO appoints world leaders to advisory board

LAURA MILLAN  |  TUESDAY, 8 DEC 2015
... global economic, political and strategic developments. The board will be chaired by former Federal Reserve chairman Ben Bernanke. The other board members are former UK Prime Minister and former Chancellor of the Exchequer, Gordon Brown, and former European ...

The Fed could get it wrong

BENJAMIN ONG  |  MONDAY, 23 NOV 2015
... when it started turning abnormal. September 16, 2008 - Fed FOMC meeting day and the day after Lehman Bros collapsed. Bernanke & Co have already dropped the fed funds rate target from 5.25% in 2007 to a four year-low of 2.0% by June 2008 and held it there ...
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