Posts Tagged ‘open’
Ben Bernanke’s Choice
There is a modest recovery underway in the American economy. The Federal Reserve can no longer avoid the looming choice on interest rates and the money supply. Since the sub-prime crisis began Chairman Bernanke has been the consistent champion of monetary easing. Under his leadership, the Federal Open Market Committee…
Unsteady pace of recovery worrying
STOCK investors usually welcome low interest rates, but not this time. If anything, the US Federal Open Market Committee’s latest policy statement has reinforced concerns over the unsteady pace of the global economic recovery. The Federal Reserve reiterated after its meeting on Wednesday that it would keep interest rates near zero for ‘an extended period’ and specified for the first time that poli… more
Open category crosses $20,000 level
CERTIFICATES of entitlement (COEs) ended mixed in the latest tender yesterday, but one category breached the $20,000 level.
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MIXED BAG
The Open COE, which can be used for any vehicle type but which ends up mainly for cars, inched up by 1.9 per cent to hit $20,200. … more
Global Imbalances are Back on the Agenda
The US dollar was weak for the most part in the first half of the week, but regained some ground after the Fed Open Market Committee meeting. The movement was triggered primarily by favourable equity markets and expectations that the Fed would confirm its expansive monetary policy stance. On Wednesday…




