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Showing 111 - 120 of 980 results for "US economy"

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... December) and shrinking the balance sheet starting in October. Certainly, the tax cuts would provide an extra boost to the US economy when it comes (and it will). Even the Fed acknowledged this very early this year. According to the Fed's January 2017 ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... new Fed head, low volatility in the financial markets (read, complacency), perhaps even "irrational exuberance" - the US economy proceeds as it had been doing since the last Fed meet...one of strong growth and low inflation, that ensures that the Fed ...

Trump-flation returns

BENJAMIN ONG  |  FRIDAY, 29 SEP 2017
... that would be generated by the tax cuts would offset the toll on the deficit. That may well be but given where the US economy is currently at - near or full employment - it's not needed. Inflation may still be below target and would be given a boost ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
... years. The Jobs Openings and Labor Turnover Survey (JOLTS) data confirmed the very strong demand for labour in the US economy. The JOLTS report showed that job openings rose by 11.3% to a record high 6.163 million in June but the number of "hires" are ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... US dollar in the second half of last year - on rate hike expectations - may have weakened the growth momentum in the US economy and that of inflation, prompting speculations of gentler policy normalisation. The reverse is happening in Australia where ...

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... that was reinforced only last week by the release of the US non-farm payrolls report. The latest report showed the US economy added 222,000 jobs in June - much more than the expected 170,000 gain - and revisions to the prior two months saw an additional ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... implementing a balance sheet normalisation program this year." No surprises here given the improving macro dynamics in the US economy. No surprises too that financial markets are speculating that the European Central Bank (ECB) would follow suit...and ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
... they've risen even more following the recent upward revision to US GDP growth. The second estimate of US GDP showed the US economy grew at an annualised rate of 1.2% in the first quarter, much higher than the 0.7% expansion initially estimated and better ...

Of war, rate hikes and balance sheets

BENJAMIN ONG  |  MONDAY, 10 APR 2017
... should the economy encounter "significant adverse shocks". Recent economic data and surveys show that, for now, the US economy is progressing smoothly and that it could stand more rate hikes or tapering/stopping of reinvestment or both. This despite ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
... North Korea - and doubts over Trump-flation. This came as no surprise for Wall Streeters saw the latest updates on the US economy... and they were good. While both the Markit and ISM surveys of the US non-manufacturing sector came in lower than market ...