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Showing 121 - 130 of 1014 results for "US economy"

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... in the fed funds rate to 1.75%-2% at its FOMC meeting and according to Fed chief Powell, "is another sign that the US economy is in great shape. Growth is strong. Labour markets are strong. Inflation is close to target." Perhaps, growth is even stronger. ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... would be 25 basis points higher from 1.5%-1.75% to 1.75%-2%. More so, given the Fed participants observation of the US economy: "In their discussion of monetary policy for the period ahead, members judged that information received since the Committee ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... April from 1.3% in the previous month; core inflation decelerated to 0.7% from 1% in March. Continuing strength in the US economy and slowly lifting inflation suggest that the Fed is on track for another two more interest rate hikes this year (at the ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... deficit; reduced Fed purchases (on QE unwind); and, of course, Fed rate hikes. What's wrong with that? A strengthening US economy (or any economy for that matter) demands higher interest rates. As Reserve Bank of Australia (RBA) Governor, Philip ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... Committee is monitoring inflation developments closely" that was there in March. I could only guess this is because the US economy is evolving in line with the Fed's expectations. Ergo, the three interest rate hikes this year that the Fed forward guided ...

Chief economist update: The colour of Beige

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

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
... United States and having engaged in persistent, one-sided intervention in foreign exchange markets." True, this. But the US economy is experiencing a trade deficit because it's growing by much more than these countries: US GDP per capita grew by 15.8% ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... Street's direction but they sure do impact overall economic growth - consumer spending accounts for around 70% of the US economy. Confident consumers spend. Increased consumer spending buoys economic growth, corporate profits and a higher Wall Street ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
... optimistic outlook comes to fruition. The recently-autographed tax cuts ensure this. However, this also ensures that the US economy would expand stronger than its trading partners - read, it would be buying more goods and services from abroad that would ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... guidance of three interest rate hikes this year? Or will it be four or more given the strengthening momentum in the US economy? Or less, given the general uncertainty emanating from Trump's White House? We'll soon find out. For it's also at this month's ...