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Showing 191 - 200 of 1108 results for "US Fed"

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
"I think the economy's in a really good place. As I mentioned, unemployment is now 4%... which is the lowest it's been in 20 years. The other thing that's good that's been happening is for five years we've seen people coming back ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... central banks, which expressed their concerns at the ECB Forum on Central Banking held at Sintra, Portugal on 18-20 June. US Fed Chairman Jerome Powell: "Changes in trade policy could cause us to have to question the outlook...We have a very wide range ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
Given the US equity market's reaction to the latest US Federal Reserve missive, one would think that Wall Street is against strong(er) growth. All major benchmark indices - DJIA, S&P 500, Nasdaq and Russell 2000 - closed lower after the Fed announced ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
Another rate hike is coming soon! This is the almost unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's 1-2 May FOMC meeting. Can't blame them, it was there all for everybody ...

Chief economist update: We're headed for surplus (if assumptions hold)

BENJAMIN ONG  |  WEDNESDAY, 9 MAY 2018
No one can escape it, even if we try. The media - radio, TV, print, social - is full of it. Reports, assessments, and implications of Australia's Federal Budget 2018-19. There's the usual flood of "Budget winners and losers" and the "what's in it for ...

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

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
The US Federal Reserve's 1-2 May FOMC meeting was both expected and a non-event - it kept the fed funds rate target at 1.5%-1.75% and more or less cut and pasted the FOMC Statement at its 20-21 March meeting. Well, maybe less, for May's statement was ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
It's getting closer and closer - the inflation measure that the US Federal Reserve tracks in assessing monetary policy direction is just a pip short of its 2% target. The core PCE price index increased by 1.9% in the year to March, a significant increase ...

Chief economist update: The colour of Beige

BENJAMIN ONG  |  THURSDAY, 19 APR 2018
Speculators speculating on the US Federal Reserve's next monetary policy movement should pay close attention to the Beige Book Report. The "book" isn't made up of figures and numbers and stats but instead anecdotal evidence on the state of the US economy. ...