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Showing 11 - 20 of 51 results for "Inflation Report"

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

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... give the Fed some breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released overnight showed that upward pressure on consumer prices is gaining momentum. Headline inflation accelerated to ...

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

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... give the Fed some breathing space as it proceeds with normalising interest rates. Then again, maybe not. The CPI inflation report released overnight showed that upward pressure on consumer prices is gaining momentum. Headline inflation accelerated to ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... because as stated in the Monetary Policy Summary: "In the MPC's most recent projections, set out in the May Inflation Report... a small margin of excess demand was projected to emerge by early 2020, feeding through into higher rates of pay growth ...

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
... day's closing of 1.83%. Surely, the persistent rise in bond yields would have added the faster than expected inflation report for US equities and even compounded by data (released on the same day) of weaker than expected retail spending. US retail sales ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... because of relatively stronger GDP growth - revised up to 1.7% in 2018 (from 1.5% in the November 2017 Quarterly Inflation Report) and 1.8% in 2019 (from 1.7%) - "domestic inflationary pressures are expected to rise. The firming of shorter-term measures ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
... prices eased to 2.7% in the year to December from 3.3% in the previous month. The BOE's November 2017 Quarterly Inflation Report sees CPI inflation easing from 3.0% in 2017 to 2.4% by the end of this year before slowing to 2.2% in 2019 and 2.1% in 2020. ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... likelihood, even weaker income growth". Not to mention on overall GDP growth - which in the latest 'Quarterly Inflation Report' (QIR) the BOE revised lower to 1.7% (from 1.9% in the May QIR) this year and 1.6% (from 1.7%) in 2018. Sterling's effective ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
... Australian bank governor Philip Lowe's address to the Anika Foundation luncheon in Sydney was held on the same day the inflation report provided clues as to the RBA's thinking with regards to inflation, and therefore, the near-term direction of monetary ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... falls to lowest since October 2016." The Australian Bureau of Statistics (ABS) will release the June quarter CPI inflation report later today. The actual figures would affirm (if higher than expected) or negate (if lower) current perceptions of the RBA's ...

Three for three

BENJAMIN ONG  |  FRIDAY, 3 FEB 2017
... bank upgraded its 2017 growth outlook to 2.0% from 1.4% and the unemployment rate to 4.9% to 5.0% in its latest Inflation Report. Growth and the labour market are not the BOE's current problem, rising inflation is. As the report noted, "The value of ...