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Showing 11 - 20 of 25 results for "Personal Consumption Expenditure"

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... and energy - remained at a two-year low of 1.7%. 2. The Fed's favoured inflation measure is the personal consumption expenditure (PCE) price index not the CPI. In the Fed's "Summary of Economic Projections" (latest release was in September), the US central ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... March quarter of 2015 was due to stronger contributions from the components that matter most: personal consumption expenditure (contribution revised up to 2.3 percentage points from 1.9 pps in the advanced estimate); fixed investment (0.6 from 0.4) ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... uncertainty aside, the details of the US national accounts indicate that the going will remain good. Personal consumption expenditure - that which accounts for around 70% of the economy - jumped by 2.8% in the June quarter from 1.9% in the March quarter ...

Janet vindicated

BENJAMIN ONG  |  TUESDAY, 6 OCT 2015
... vindicated Janet's prudence. Stable inflation. The Fed's favoured measure of inflation, the core personal consumption expenditure (PCE) price index, remained stable. It increased by 1.3% in the year to August, up a bit from 1.2% in the previous month. ...

The moment of truth cometh

BENJAMIN ONG  |  MONDAY, 14 SEP 2015
... piece d' resistance (resistance to a lift-off) is the Fed's favoured measure of inflation -- the personal consumption expenditure (PCE) price index. The core PCE price index continues to trend lower, from around 1.8% in 2012 to 1.5% in 2013- 2014 to ...

Growth and QE - will this time be different?

BENJAMIN ONG  |  FRIDAY, 30 AUG 2013
This is it...it's all systems go! There's only one conclusion that can be concluded from the upward revision in second quarter US real GDP growth - up at annualised rate of 2.5% from the prelim 1.7% estimate - and Wall Street's positive reaction to ...

Not long now

BENJAMIN ONG  |  FRIDAY, 26 OCT 2012
Australia's trading session had already called it off for the week when the US Commerce Department's Bureau of Economic Analysis (BEA) released the better-than-expected scorecard for the economy. But don't despair Virginia, we didn't miss much. Better ...

Ben's turn to be super

BENJAMIN ONG  |  MONDAY, 10 SEP 2012
This is it folks. This week's the week when we find out whether or not dear Uncle Ben would be donning a cape and wearing his underwear outside his pants and do a Super Mario. Most financial marketeers were convinced he talked about it last month at ...

Daily economic round-up

PETER BELL  |  MONDAY, 28 AUG 2006
... reached this status. This Thursday the US Federal Reserve Bank will release final details of the personal consumption expenditure index which is expected to grow by 0.1 per cent in July which would equate to an annual increase in core PCE prices of 2.4 ...