BFM 89.9

Podcast  >  Morning Run  >  Market Watch  >  Trump to Yellen - "You're Fired"

Trump to Yellen - "You're Fired"

Ben Le Brun, Market Analyst, OptionsXpress, Sydney

02-Nov-17 07:35

Trump to Yellen - "You're Fired"

Media in the US are calling Jerome Powell as the President Trump's pick for the next chairman of the Federal Reserve. Trump is due to make an official announcement on this later today (Nov 2). Ben shares his views on the matter.

Current Fed Reserve Chair Janet Yellen, 71, who is the first woman to lead the U.S. central bank, will become the first Fed chair since 1979 not to be reappointed to the job.

Ben also shares his thoughts on the impact markets will have from recent news the Fed did not raise rates this time around. It had raised rates twice since January and there are expectation that one more hike will happen by the end of the year.

Ben also talks about the expectation in the market that Bank of England will announce a rate hike later today (Nov 2).

He also shares his thoughts on just how sustainable is the optimism fuelling the Asian stock markets.

Presented by: Joyce Goh

Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  MarketsEquitiesJerome PowellU.S. Federal ReserveBank of EnglandAsian Stock MarketsFinancial ServicesEconomy, MarketsPolitics, News, Current Affairs


Share this podcast

Latest Podcasts

Play / Pause

Listen now :

Today’s Shows

10:00 AM

Breaking Bread

In the Kitchen - Orange Tea; Loh Yi Jun

11:00 AM

A Bit of Culture (REPEAT)

12:00 PM

I Love KL

What Makes A City?; Chau Loon Wai, Senior Lecturer, Faculty of Built, Environment and Surveying, Universiti Teknologi Malaysia. (REPEAT)

1:00 PM

Best of Enterprise

Never‌ ‌Too‌ ‌Young‌ ‌To‌ ‌Be‌ ‌Woke‌; Unis Amin (REPEAT)

1:30 PM

Raise Your Game

The Butterfly Effect #9: The Strength Of Your HR System; Hetal Doshi(REPEAT)

2:00 PM

Popcorn Culture

Popcorn Culture - Throwback Tuesday: The King's Speech (REPEAT):

2:30 PM

Popcorn Culture

Popcorn Culture - Review: The Crown Season 4 (REPEAT):

3:00 PM

Earth Matters

Start ‘em Young - Youth Activists Tackling the Climate Crisis; Julian Theseira, Project Manager, Malaysian Local Conference of Youth 2020 (MY LCOY 2020) (REPEAT)

4:00 PM

Pick Of The Pops

POTP Episode 373: One Hit Wonders from the 1960s to 1980s; Patrick Teoh

6:00 PM


Superstrobe With Shelhiel; Shelhiel (REPEAT)

7:00 PM

Take Five (REPEAT)

9:00 PM

The Flow (REPEAT)