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Showing 21 - 30 of 108 results for "US inflation"

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... in the 12 months to September 2021, according to the Australian Bureau of Statistics. This is benign compared to US inflation levels, which soared to a 39-year high of 6.8%, up from 2.3% at the end of 2019, an EY analysis shows. "There are clearly global ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... I'll bet my right (eye)balls on it... preserving the monetary and fiscal status quo would keep upward pressure on US inflation.

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
Inflation was the "word" over the week that was. Concerns over US inflation eased somewhat at the start of last week after US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well ...

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... expectations - but history shows that it had been the Fed's countermeasures that tamed previous inflation breakouts. US inflation expectations - measured as the differential between nominal bond yields and the yield on Treasury Inflation-Protected ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... March give credence to the equity markets' rotation towards cyclicals and the bond markets' concern over US inflation.

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... this year, it's still way above the 50-year low 3.5% that prevailed before the COVID-19 pandemic and even then, US inflation measures barely reached the Fed's 2% inflation target. Here are the annual inflation averages for 2019: Headline CPI ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... protected securities (TIPS) - soar to seven year highs and is currently above the Fed's 2.0% target at 2.2%. Then again, US inflation stats remain tame however it's measured. Data at the end of December 2020 shows headline CPI inflation at 1.3%; core ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... appropriate monetary policy will likely aim to achieve inflation moderately above 2% for some time". Besides, all US inflation measures remain below the 2% target; annual headline CPI inflation was at 1.3% in December, core CPI inflation at 1.6%, the ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... the "muted responsiveness of inflation to labor market tightness". The chart below affirms Powell's statement. US inflation remained muted (below or not much above the 2% target) despite the unemployment rate hitting a 50-year low of 3.5% versus ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... the Fed uses the PCE price index measure as its inflation gauge (1.4% in the year to June). What is more is that US inflation expectations - the yield differential between 10-year US Treasuries and Treasury Inflation-Protected Securities (TIPS) has fallen ...