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Showing 351 - 360 of 751 results for "CPI"

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... earnings excluding bonuses grew by 2% 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 ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... monetary policy) retail spending peaked in January 2017 - headline at 5.6% (yoy) and core at 5.4%. So has US inflation. Headline CPI inflation peaked at 2.5% in the year to January 2017; core inflation at 2.3% in the same month. The subsequent rate hikes ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... to close in the first half of 2018. Reason perhaps why the BOC is not taking chances despite slowing inflation - headline CPI inflation eased to 1.3% in May from 1.6% in April; core CPI inflation eased to 0.9% from 1.1%. Besides, "the factors behind ...

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
... try to solve the strengthening growth - easing inflation conundrum... or call China a deflation exporter once more. China's CPI inflation increased by 1.5% in the year to June, unchanged from the 1.5% rate recorded in the previous month and well-below ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... inflation rate of unemployment) as measured by both Oxford Economics (4.5%) the OECD (4.9%). But instead of lifting, US core CPI inflation eased to 1.7% in May from 2.3% in January (unemployment rate at 4.8%) and the core PCE price index - the Fed's ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
From 1 July the Future Fund will have an investment mandate that targets a return of CPI plus four to five per cent. Overnight the Federal Government registered a revised investment mandate for the Future Fund, better reflecting global investment market ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... difference between wages growth and the increase in consumer prices - they have gone backwards. Wages growth of 1.9% less headline CPI inflation of 2.1% gives you a negative 0.2% real wage growth. This negative real wage, along with high household debt ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
... from 5.4% expansion in January this year to 4.5% last month. Closer and dearer to the US bond market's heart is the latest CPI inflation stats - both the headline rate the core measure came in lower than market expectations. Headline CPI inflation eased ...

Expanding expansion in manufacturing

BENJAMIN ONG  |  TUESDAY, 2 MAY 2017
... band) may have lifted the odds for a rate hike. But futures trading put this at a still slim 12% from a small 4% before the CPI report - and this is not until 12 months from now. That may be but economies don't operate in a vacuum, odds will change depending ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
... quarter to 3.5% exactly a year later. This has rebounded to a 7.7% annual rate in the December 2016 quarter. We can torture the CPI data till the cows come home to roost but those putting money where their mouths are, bet on an RBA hold this month or ...