US Federal Reserve Chairman Jerome Powell said interest rates can remain on hold as the central bank waits to see how conditions abroad evolve, signaling that there's no clear time limit to the...

[NEW YORK] Federal Reserve Chairman Jerome Powell said the central bank will be watching retail sales data, due on Monday, for signs that American consumer spending bounced back from a surprisingly...

[WASHINGTON] US Federal Reserve Chairman Jerome Powell, who has faced bitter criticism from Donald Trump, said in an interview broadcast Sunday that the president can't fire him...

FINANCIAL markets have short memories. Of late, they've convinced themselves that collateralised loan obligations (CLOs) are much safer instruments than the collateralised debt obligations, or...

THE BOTTOM LINE

WE HAVE seen this movie before. There is widespread frustration with the performance of the economy. Traditional policy approaches are not delivering hoped-for results. A relatively unpopular...

COMMENTARY

HONG Kong property is coming back. After declining about 10 per cent since August 2018, home prices have started rising again. The world's least affordable housing market may even be prepping...

[NEW YORK] Persistent slow growth rates over decades can cut wages for American workers in half, Federal Reserve Chairman Jerome Powell said on Thursday.

[WASHINGTON] Despite solid growth and continuing job gains, the US economy will see inflation fall even further below the central bank's two percent goal, at least for a time, Federal Reserve...

THE BOTTOM LINE

THE US Federal Reserve performed a remarkable 180-degree turn between December and January. On Dec 19, the Wall Street Journal's opinion page was titled "Powell to Markets: Take That"...

[TOKYO] The dollar held gains on Thursday after minutes from the Federal Reserve's last meeting revived expectations for a possible US rate hike this year while investors shifted their focus...