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Showing 1051 - 1060 of 4046 results for "Inflation"

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... Louis president James Bullard's recent virtual presentation provided a timely venue for the Fed to push back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' said: "Bullard noted that market-based ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... Federal Reserve might start withdrawing policy accommodation sooner than its peddling, sparked by resurgent concerns over inflation. The US Bureau of Labor Statistics (BLS) reported that headline inflation rose by 0.8% over the month of April - the biggest ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... recommend a lift in interest rates and that she agreed with Fed Chairman Jerome Powell's view that while measured inflation has risen, it's likely to be temporary. One swallow does not a spring make but the disappointing jobs numbers justify ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... strong growth outturn - and as some of the direct and indirect effects of COVID-19 on the economy fades - would send CPI inflation above the bank's 2.0% target towards the end of 2021, this would only be temporary and should return to around 2.0% ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... conditions and underpinnings through the government's past stimulus measures," the BOJ said. Still, to this day inflation - headline and core - has gone nowhere near the BOJ's 2% target despite introducing QQE with Yield Curve Control and Negative ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... statement gives us a wink and a nod: "Despite the strong recovery in economic activity, the recent CPI data confirmed that inflation pressures remain subdued in most parts of the Australian economy. A pick-up in inflation and wages growth is expected ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... economy will depend significantly on the course of the virus, including progress on vaccinations" and while measured inflation has risen, it's largely temporary and that "The ongoing public health crisis continues to weigh on the economy, and risks ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations that would eventually force the Fed's hand into tapering policy accommodation. After two days of deliberation ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
... times), 15-year (15.2 times), and long-term (14.4%) averages. Plus, the back-up in US long bond yields due to rising inflation expectations is also certain to depress stock market valuations while at the same time devaluing the US Federal Reserve's ...