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Showing 71 - 80 of 103 results for "PCE"

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
... third quarter. These, and until the dust settles on Brexit, should keep the Fed on hold a while longer. More so given that PCE inflation - the Fed's favoured inflation measure - remains below the 2.0% target. Headline PCE price inflation was at 1.1% ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 17 JUN 2016
... been above the Fed's 2.0% inflation target since December last year. But before you shout rate hike, note that it is the core PCE price index reading that the US central bank tracks. Latest available data show core PCE inflation was at 1.6% in the year ...

May sell may go away

BENJAMIN ONG  |  MONDAY, 2 MAY 2016
... 1.4% in the final quarter of last year. Not only this, US inflation is also moving away from the Fed's 2.0% target. The core PCE price index - the Fed's favoured inflation measure - eased to 1.6% in the year to March from 1.7% in the previous month. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 29 APR 2016
... deceleration in real GDP in the first quarter reflected a larger decrease in nonresidential fixed investment, a deceleration in PCE, a downturn in federal government spending, an upturn in imports, and larger decreases in private inventory investment ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
... lower. This, along with still below target inflation, virtually ensures another Fed on hold policy next month. The overall PCE price index eased to 1.0% in the year to February from 1.3% in the previous month while the core PCE inflation measure remained ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... solidly strong, core inflation had been above the Fed's 2.0% target since November last year to 2.2% in January and the core PCE price index - the Fed's favoured inflation measure - had been gradually heading towards the 2.0% target, accelerating to ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
... the fastest since May 2015. But the biggest story that put rate hike specs back on the table is the sharp jump in the core PCE price index from 1.4% in the year to December to 1.7% last month. This puts the Fed's favoured inflation measure at the top ...

Those who want a job can get a job

BENJAMIN ONG  |  MONDAY, 8 FEB 2016
... correlation... until sometime in 2012, that is. The US labour market steadily improved but the Fed's favoured inflation measure - the PCE price index - remained stuck below its 2.0% target. History shows that rising commodity prices and the weak US dollar ...

Three days to lift off

BENJAMIN ONG  |  MONDAY, 14 DEC 2015
... there remains a 20% chance that it could abort lift-off. Let's not worry that the Fed's favoured inflation gauge - the core PCE price index - remained below target at 1.3% in October, be anxious that inflation expectations are falling (sharply at that) ...

US Fed cleared for lift-off

BENJAMIN ONG  |  MONDAY, 7 DEC 2015
... 80% probability. That 20% likelihood of non-lift can be traced back to the still below the 2.0% target inflation rate -- the PCE price index (the Fed's favoured inflation measure). The annual core inflation rate eased to 1.28% in October from 1.33% in ...