Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 164 results for "Labor market"

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... symmetric 2% goal," he said. Ergo, "...the current stance of monetary policy will support sustained growth, a strong labor market, and inflation near our symmetric 2% objective." In other words... the Fed is done cutting interest rates. This optimism ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... 1.5%-1.75% -- Powell shared his optimism over the outlook for the economy - "It's for moderate growth, a strong labor market, and inflation near our 2% objective" - that justifies his forward guidance to a pause in rate cut proceedings. Given latest ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... the fed funds rate going forward. "The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2% objective as the most likely outcomes, but uncertainties ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... consumer price index (CPI) has continued to show relatively weak developments compared to the economic expansion and the labor market tightening, it is likely to increase gradually toward 2%, mainly due to the output gap remaining positive." Then again ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... 2-1/4 to 2-1/2%," the Fed said. "The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2% objective as the most likely outcomes. In light of global economic ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... the RBA continues to hitch its star on the improving labour market and its impact on wages. "The outlook for the labor market remains positive. The unemployment rate is 5%, the lowest in six years. With the economy expected to continue to grow above ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... generally judged that the economy was evolving about as anticipated, with real economic activity rising at a strong rate, labor market conditions continuing to strengthen, and inflation near the Committee's objective". No problems here. US GDP expanded ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... statement, it says that the Committtee "will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments." ...

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
... 2% inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments." ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... structural headwinds on wages. NY Times ("After 7 Years of Job Growth, Room for More, or Danger Ahead?") said tight labor market could pose challenges, particularly in light of the $1.5T tax cut that Congress could pass early as this month. Noted that ...