The US Federal Reserve had yet to announce its rate decision when I wrote this article. But I believe the latest Fed statement would not bring any surprises to the market, including the economic outlo ...More
EJ Insight2017-07-27
The US economy is healthy enough for the Federal Reserve to raise rates and begin winding down its massive bond portfolio, though low inflation and a low neutral rate may leave the central bank with d ...More
EJ Insight2017-07-13
US President Donald Trump is increasingly unlikely to nominate Federal Reserve chair Janet Yellen next year for a second term, and National Economic Council director Gary Cohn is the leading candidate ...More
EJ Insight2017-07-12
Federal Reserve officials have indicated there is a strong chance they will announce in September a decision to start shrinking the central bank’s portfolio of bonds and other assets, while putting of ...More
EJ Insight2017-07-05
The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signaling its confidenc ...More
EJ Insight2017-06-15
The market is often quite sensitive to words and actions coming from the US Federal Reserve. The US central bank indicated that it would consider reducing its balance sheet, according to the minutes o ...More
EJ Insight2017-04-19
President Donald Trump has signaled he could be moving closer to the mainstream on monetary policy, saying he had not ruled out reappointment of Janet Yellen to a new four-year term as Fed chair as he ...More
EJ Insight2017-04-13
US equities pulled back as investors feared that the Federal Reserve would start reducing the size of its balance sheet later this year. The Fed’s decision obviously carries a lot of weight in the sto ...More
EJ Insight2017-04-12
The US Federal Reserve raised its benchmark interest rate for the second time in three months amid increased confidence over the prospects of the world's largest economy. In a widely expected move, th ...More
EJ Insight2017-03-16
US Federal Reserve chief Janet Yellen said on Tuesday that it’s “unwise“ to wait too long to raise interest rates as economic growth continues and inflation rises. Therefore, the Fed might accelerate ...More
EJ Insight2017-02-16
Federal Reserve chairman Janet Yellen said more interest-rate increases will be appropriate if the US economy meets the central bank’s outlook of gradually rising inflation and tightening labor market ...More
EJ Insight2017-02-15
The US Federal Reserve is expected to keep interest rates unchanged in its first policy decision since President Donald Trump took office as the central bank awaits greater clarity on his economic pol ...More
EJ Insight2017-02-01
With the US economy close to full employment and inflation headed toward the Federal Reserve's 2 percent goal, it "makes sense" for the US central bank to gradually lift interest rates, Reuters report ...More
EJ Insight2017-01-19
I made 10 forecasts for major trends in the financial market in 2016, let's take a look at how accurate these are. 1. Strong dollar (right). After hovering in the range of 94 to 98 most of the time, t ...More
EJ Insight2016-12-29
The US Federal Reserve raised its benchmark interest rate by 0.25 percent last week, and its chairwoman Janet Yellen implied that the market should expect three more rate increases next year. Even tho ...More
EJ Insight2016-12-22
Gold and foreign exchange markets both revolve around a major trading theme these days -- expectations of a faster pace of US rate hikes next year. Janet Yellen's upbeat remarks on the job market have ...More
EJ Insight2016-12-21
The Dow and Nasdaq Composite rose to record highs in a rally fueled by optimism about US President-elect Donald Trump's policies. The Dow Jones industrial average on Tuesday ended just 25 points shy o ...More
EJ Insight2016-12-21
The US Federal Reserve on Wednesday announced a quarter-percentage point hike in its benchmark interest rate, citing an improved labor market, firming inflation and better economic growth. The move, w ...More
EJ Insight2016-12-15
Federal Reserve chair Janet Yellen said Donald Trump’s victory won't change the plan for a rate increase “relatively soon,” sending the US dollar index higher and putting further downward pressure on ...More
EJ Insight2016-11-22
A strong US dollar strength and rising US interest rates under President-elect Donald Trump would intensify pressure on capital outflows from China, forcing its policymakers to choose between tighteni ...More
EJ Insight2016-11-22
