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Showing 111 - 120 of 1014 results for "US economy"

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... keeping the fed funds rate unchanged at 1.75%-20% - but it did give the US central bank a platform to gloat about the US economy. "Information received since the Federal Open Market Committee met in June indicates that the labor market has continued ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
Boom! That's the sound of the US economy popping up to an annualised rate of 4.1% in the second quarter of 2018, up from an upwardly revised 2.2% (from 2%) expansion in the first quarter. While this is in line with market expectations, it's ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
... prescription by increasing fiscal spending - tax cuts and increased expenditure on infrastructure - at the same time that the US economy is growing at or near potential. Contrary to David Ricardo's principle of comparative advantage - nations, businesses ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... America. The "Book" isn't made up of figures and numbers and stats but instead anecdotal evidence on the state of the US economy but... they are compiled by the Federal Reserve Bank's in each of 12 Federal Districts and is published approximately ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... of an all-out trade war, and if not, his advisers would have told him what these are. Recent studies showed that the US economy could slow by between 1% and 2% if the current ructions escalate into a full-blown trade war. There goes Trump's "So we're ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... January this year, it stated that inflation would hit target "sometime this year". This, and the strong momentum in the US economy, would strengthen speculations that the Fed would raise interest rates by four times this year (it has already lifted twice). ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... more of a worry is the sharp deceleration in household spending growth - that which accounts for around 70% of the US economy. Personal consumption expenditures contributed a mere 0.6 percentage points to first quarter growth (revised from 0.7 pps). ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... 11.6% to US$39.3 billion in May while imports grew by 11.4% to US$14.7 billion. The (still) strong momentum in the US economy as against a weakening one in China would only exacerbate China's trade surplus which, by extension, would deepen Trump's ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... who ignore history are bound to repeat it." Trump's doing just. To be sure, Trump has the upper hand because the US economy is improving faster than its trade "partners". But what goes around comes around. The New York Tines reports that "China and ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... why investors would be buying safety instead of risk assets. More so, given the Fed's optimistic outlook for the US economy (it wouldn't be raising interest rates if not, and by more than initially forward-guided). As it turns out, I am wrong ...