Jerome Powell

Global Economy

Analysts not spooked by Fed's Halloween surprise

SINGAPORE (Oct 31): Just a day before Halloween, the US Federal Reserve spooked the market with its third interest rate cut in a row this year.

US-China trade war

China will not save the world economy this time

SINGAPORE (Oct 7): US recession indicators are growing stronger and there is one bigger-than-usual reason why the world should be worried: China is not coming to the rescue this time.

SE Asian economies

Asian stocks skid to six-and-a-half-month lows as Sino-US trade row shakes markets

(Aug 5): Asian shares slid to 6-1/2-month lows on Monday and the yuan plunged as a rapid escalation in the Sino-U.S.

Geopolitics

Is politics getting to the Fed?

SINGAPORE (July 29): From the early 1980s until the start of the financial crisis in September 2008, the US Federal Reserve seemed to have a coherent process for adjusting its main short-term inter

Geopolitics

Is politics getting to the Fed?

SINGAPORE (July 29): From the early 1980s until the start of the financial crisis in September 2008, the US Federal Reserve seemed to have a coherent process for adjusting its main short-term inter

Global Economy

Jerome Powell flags rate cut as global chill outweighs good US news

(July 11): The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home.

Broker's Calls

Banks kept at 'overweight' by UOB on Fed's dovish stance, dividend yield

SINGAPORE (Jan 18): UOB Kay Hian is maintaining Singapore’s banking sector at “overweight” after the US Fed calmed the nerves of investors with its dovish disposition, which subsequently generated

US Economy

Trump's two-year stock honeymoon ends with hunt for betrayer

(Dec 24): Nobody was happier to take credit for surging stocks than Donald Trump, who touted and tweeted each leg up. Now the bull is on life support and the search for its killer is on.

Global Economy

Mnuchin called top US bank executives on market stability

WASHINGTON (Dec 24): Treasury Secretary Steven Mnuchin called top executives from the six largest US banks over the weekend, he said Sunday on Twitter, a move that followed heavy losses in the stoc

US Economy

Powell opens door to possible pullback in Fed rate-hike outlook

(Nov 29): Federal Reserve Chairman Jerome Powell opened the door for a potential pullback in projected interest-rate hikes for 2019 following a widely expected increase in December.

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