yellen

Sam Ferraro

A number of popular scapegoats emerged in the aftermath of the financial crisis: conflicted credit rating agencies, a corporate culture and regulatory environment that encouraged risk taking over risk management, lax lending standards, rapid growth in credit, and what some considered to be excessively loose monetary policy from the U.S.... Show More

Chad Slater

Jackson Hole will most likely be remembered for the Fed’s Vice Chairman stealing the limelight from his boss in an offstage interview. After a relatively uneventful Yellen speech, Fischer threw the cat amongst the pigeons, arguing the case for a September hike and possible two this year. Yellen’s speech used... Show More

Elliot Clarke

This week will be busy, with the RBA meeting and Q3 GDP released in Australia amid an array of partial data on housing; the consumer; trade; and credit. Overseas: the ECB is set to take the next step in its alternative easing program; a slew of PMIs will be released... Show More

Elliot Clarke

In a week in which Greece will most likely take the lion's share of headlines, there are a number of other key events to watch. First and foremost, for Australia, we receive timely updates on business confidence and conditions (the NAB survey) and on consumer confidence (Westpac–MI Consumer Sentiment Index).... Show More

Elliot Clarke

A number of key events have weighed heavily on the AUD this week, from Chair Yellen's 'Outlook on the US Economy' to the poor Australian Capex release. Next week the focus shifts to the RBA; Australian GDP; and our first look at consumer demand in Q2, via April retail sales.... Show More

Livewire Exclusive

Janet Yellen delivered a speech on Friday confirming that the US remains on track to raise rates for the first time since 2006 later this year. “If the economy continues to improve as I expect, I think it will be appropriate at some point this year to take the initial... Show More

John Robertson

The semi-annual testimony before the US Congress last week by the chair of the Federal Reserve Janet Yellen implicitly raised the question of what constituted normal economic conditions before ducking the issue entirely. The desired tempo of future interest rate rises will depend on whether history is taken as a... Show More

Perpetual Equity Investment Company

One of the key drivers of the improved market sentiment since December has been that the US Fed has been very consistent in its messaging. Indeed every meeting since then, Janet Yellen and her colleagues have reduced the level of monthly asset purchases by USD10 billion. However, before this process... Show More