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Showing 81 - 90 of 103 results for "PCE"

The Fed could get it wrong

BENJAMIN ONG  |  MONDAY, 23 NOV 2015
... to 1.6 2.0 to 2.8 2.5 to 3.0 Actual -2.8 -0.2 2.7 Unemployment Rate 5.5 to 5.7 5.3 to 5.8 5.0 to 5 Actual 7.3 9.9 9.3 Core PCE Inflation 2.2 to 2.4 2.0 to 2.2 1.8 to 2.0 Actual 1.4 1.5 1.0 Convincing arguments for keeping the fed funds rate steady at ...

Paris adds to the "why nots" for a December lift-off

BENJAMIN ONG  |  MONDAY, 16 NOV 2015
... the U.S. even after six years of expansion." (Econoday). Yes, low inflation. The Fed's favoured measure of inflation - the PCE price index -- remains below its 2.0% target. The latest readings show the headline measure at 0.2% in the year to September ...

A December lift if...

BENJAMIN ONG  |  THURSDAY, 5 NOV 2015
... inflation will gradually move back toward 2 per cent." But how long is temporary? The Fed's favoured measure of inflation - the PCE price index - was below the 2.0% target at the time. Core PCE inflation was 1.6% and the headline was 1.7% in April of ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
... quarter. Now think of all the jobs this kind of growth will not create....and inflation? The Fed's favoured measure - the PCE price index - slowed to 1.2% in the third quarter from 2.2% in the second. The core measure was at 1.3% -- below the Fed's 2.0% ...

Inflation expectations says no

BENJAMIN ONG  |  TUESDAY, 13 OCT 2015
... it's doing better than the other half, that is on inflation. The latest reading from Fed's favoured inflation gauge - the PCE price index - showed annual inflation running at only 1.3% in August. And while "...the Committee expects inflation to rise ...

NIRP before lift-off?

BENJAMIN ONG  |  FRIDAY, 9 OCT 2015
... If one were to put a finger on a catalyst for the reversal of fortunes, they were the latest updates on inflation - core US PCE price inflation remains muted at 1.3% in August (it has been below the Fed's 2.0% target since May 2012 and has been trending ...

Janet vindicated

BENJAMIN ONG  |  TUESDAY, 6 OCT 2015
... vindicated Janet's prudence. Stable inflation. The Fed's favoured measure of inflation, the core personal consumption expenditure (PCE) price index, remained stable. It increased by 1.3% in the year to August, up a bit from 1.2% in the previous month. ...

Confused and confounded

BENJAMIN ONG  |  MONDAY, 28 SEP 2015
... success or otherwise to its dual mandate - full employment and stable prices. The core Personal Consumption and Expenditure (PCE) price index - the Fed's favoured inflation measure - is slated for release to tonight. Financial markets expect a lift of ...

The moment of truth cometh

BENJAMIN ONG  |  MONDAY, 14 SEP 2015
... resistance (resistance to a lift-off) is the Fed's favoured measure of inflation -- the personal consumption expenditure (PCE) price index. The core PCE price index continues to trend lower, from around 1.8% in 2012 to 1.5% in 2013- 2014 to about 1.3% ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... the US economy grew not 2.3% but a solid 3.7% in the second quarter - backed up by "an upturn in exports, an acceleration in PCE, a deceleration in imports, an upturn in state and local government spending, and an acceleration in nonresidential fixed ...