Philip Chua Business Blog

Posts Tagged ‘period’

The FOMC minutes of the meeting on 27 January will be quite interesting because one member, Thomas Hoenig, dissented. He was not voting for higher rates, but against the policy commitment as expressed in the phrase “exceptionally low levels of the federal funds rate are warranted for an extended period”….

The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.

Look at your bill and find out how much your business can save with Comcast Business Class. Internet, Phone & TV for $99. Learn More

Ads by Pheedo

United States – Gasoline – Business – Gas and Oil – Recreation

Two of the most cited economic indicators over the past year have been first time jobless claims and continuing jobless claims. Both have declined by a third since their respective peaks in the spring and summer of last year. In one five day period in March 2009 674,000 newly unemployed…

The harmonized EMU unemployment rate has been rising since April 2008, by a total of 2.6 percentage points to 9.8% so far. The regional differences are striking: while the German rate was unchanged from March 2008, the Spanish rate jumped by almost 10 percentage points in the same period. We…

AFTER two straight quarters of strong growth, Singapore’s economy looks likely to have hit a speed bump in the fourth quarter of this year, according to economists.
A surprise slump in the volatile biomedicals segment resulted in manufacturers producing less than expected between September and this month – possibly leading to zero or minimal economic growth over the period.
Despite this flat fourt… more

At this week’s meeting, the FOMC will probably leave the fed funds rate close to zero. Furthermore, the statement is likely to reiterate that rates are set to remain at extraordinarily low levels for an extended period. In his latest speech, Fed president Bernanke stated that the recovery would continue…

Our patience has paid off and we got the test of the key 85.00 level (low 84.82). Readers with memories shorter than ours should note that under 85.00 the yen spiked to a record low of 79.75 over a three month period only, and after that never traded close to…

The FOMC minutes of 4 November are likely to confirm that the majority of committee members still consider it warranted to maintain the fed funds rate at exceptionally low levels for an extended period, given low resource utilisation rates, subdued inflation and stable inflation expectations. There will have been some…

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

The Federal Reserve pledged to keep a key interest rate at a record low for an “extended period,” signaling that the weak economy remains dependent on government help to grow.