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Showing 341 - 350 of 751 results for "CPI"

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... future Fed monetary policy direction...or so the headlines say. I say what the? Because of several reasons: 1. The September CPI inflation numbers are widely acknowledged to be distorted by the Hurricanes Harvey and Irma. Sure enough, the annual headline ...

Confidence up but will consumers shop?

BENJAMIN ONG  |  THURSDAY, 12 OCT 2017
... quarters to end-June 2017 - and whatever purchasing power consumers have is being eroded by inflation - the annual headline CPI inflation rate was 1.9% in the June 2017 quarter. Besides, it remains to be seen if this one-month improvement in consumer ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... minimum, continues to be absorbed as evidenced by accelerating growth in wages. How soon this will show up in the measured CPI inflation stats remains to be seen but is giving credence to the Fed's view of the transitory nature of low inflation, making ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... is not surprising given the sluggish trend in wages - up only 1.9% in the year to the June 2017 quarter. Factor in headline CPI inflation of 1.9% over the same period and we get... nada, zilch, bupkis growth in real wages. Yes Virgina, we're working ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
... target in a stable manner. It will continue expanding the monetary base until the year-on-year rate of increase in the observed CPI (all items less fresh food) exceeds 2% and stays above the target in a stable manner. The bank will make policy adjustments ...

Future Fund expected to grow to $200bn

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
... has announced two significant changes to the way which the fund will operate; changing the mandate for the next 10 years to CPI plus 4-5%, down from 4-5%-5.5% (since inception), and guaranteeing that it will not be withdrawing any money from the fund ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
... instance, wages were growing at around 4.1% back in 2007 (the earliest data available) when the unemployment rate was at 4.4%. The CPI report flies in the face of Federal Reserve Bank of New York president William Dudley who lately commented that: "The ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... earnings excluding bonuses grew by 2.0% in the year to May. This translates to negative real wage growth whatever measure of CPI inflation is used. The consequence of this negative real wage growth has been documented in the 'IHS Markit Household Finance ...

Cheaper imports

BENJAMIN ONG  |  FRIDAY, 28 JUL 2017
It got less press than the June quarter CPI report - which showed inflation in Australia remained below the RBA's target in the June quarter - but the Australian bank governor Philip Lowe's address to the Anika Foundation luncheon in Sydney was held ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... weighted median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at 1.8%. You, I and Irene can torture the CPI inflation data all we want but the figures show that, at best, inflation has stabilised and that based on the latest numbers ...