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Showing 11 - 20 of 62 results for "latest US"

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... The minutes revealed that: "all participants expected inflation on a 12-month basis to move up in coming months." The latest US CPI report gives credence to this expectation. The headline CPI shows the annual inflation rate accelerated to 2.4% in March ...

Chief economist update: The uncertainty that is Trump

BENJAMIN ONG  |  WEDNESDAY, 14 MAR 2018
... spending and by extension, stronger growth - has yet to put pressure on wages and again, by extension, inflation. The latest US employment report showed that average weekly earnings slowed to 2.6% in the year to February, down from 2.8% in the previous ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
... consumption. These, taken together, spell stronger gains in company revenues and profitability and by extension, share prices. Latest US data show that although employment increased by a less than expected 148,000 in December, this followed a very strong ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... employers' difficulty in finding workers with necessary skills, the US experience is instructive (perhaps, ominous). The latest US Beige Book report published on the 29th of November revealed the same findings in the Fed's 12 districts: "Most Districts ...

Clinton or Trump or bust?

BENJAMIN ONG  |  MONDAY, 7 NOV 2016
... (reverse) what has been a gradual, but steady, improvement in the American economy and by extension, the world. While the latest US non-farm payrolls report showed that employment increased by a less than expected 161K in October, upward revisions in ...

The twenty-first night of September

BENJAMIN ONG  |  MONDAY, 12 SEP 2016
... lead the economy to overheat that, in turn, would require faster and greater interest rate adjustments. Looking at the latest US stats - mainly mixed -- many will agree with Rosengren's viewpoint but an equal number would also differ. But the final arbiter ...

Janet's words stronger than BOJ and ECB bazookas

BENJAMIN ONG  |  MONDAY, 4 APR 2016
... underscore why, in the words of RBA deputy director Philip Lowe, "Most central banks would like lower currencies..." The latest US non-farm payrolls report showed employed increased by a higher-than-expected 215K in March, the unemployment rate ticked ...

Market confidence marches in March

BENJAMIN ONG  |  MONDAY, 7 MAR 2016
... the way of both fiscal and monetary actions after the National People's Congress' concludes. In addition, although the latest US non-farm payrolls report - up by a bigger than expected 242K in February - points to solid growth in America's labour market ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
... immortal refrain from Simon & Garfunkel's hit song 'El Condor Pasa',"Yes I would, if I only could, I surely would". The latest US GDP growth numbers add to the list of "couldn't". Real GDP grew at annual rate of 1.5% in the third quarter from 3.9% in ...

The moment of truth cometh

BENJAMIN ONG  |  MONDAY, 14 SEP 2015
... market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term." The latest US non-farm payrolls report says go - they've met that "further improvement in the labor market" condition -- with the unemployment ...