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Showing 21 - 30 of 33 results for "core PCE price index"

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... 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 favoured inflation gauge - decelerated to 1.5% in April from 1.8% at the start of the year. Eyeballing the charted ...

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... to 2.2% (from 2.4%) and 1.9% (from 2.0%) in April. Not only that, the Fed's favoured inflation gauge - the core PCE price index - slowed to an annual rate of 1.5% in April from 1.6% in March. More so, given declining inflation expectations - 10-year ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... 2.0% target. Note that core CPI inflation had been closely tracking the Fed's favoured inflation gauge - the core PCE price index - in recent times (up 1.7% in the year to January). Similarly, retail spending remained robust. Retail sales rose by 0.1% ...

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... headline PCE price index increased by 1.6% in the year to December, up from 1.4% in the previous month. The core PCE price index - the Fed's favoured inflation gauge - was unchanged at 1.7% last month from November but slower than October's 1.8% rate ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... Check. Inflation is not there yet but it's bound to get there. The Fed's favoured inflation measure - the core PCE price index - accelerated to 1.74% in October from 1.69% in September (it was at 1.34% (October 2015) when the Fed announced lift-off in ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 17 JUN 2016
... Fed's 2.0% inflation target since December last year. But before you shout rate hike, note that it is the core PCE price index reading that the US central bank tracks. Latest available data show core PCE inflation was at 1.6% in the year to April with ...

May sell may go away

BENJAMIN ONG  |  MONDAY, 2 MAY 2016
... final quarter of last year. Not only this, US inflation is also moving away from the Fed's 2.0% target. The core PCE price index - the Fed's favoured inflation measure - eased to 1.6% in the year to March from 1.7% in the previous month. Overall, there's ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... strong, core inflation had been above the Fed's 2.0% target since November last year to 2.2% in January and the core PCE price index - the Fed's favoured inflation measure - had been gradually heading towards the 2.0% target, accelerating to 1.7% in ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
... since May 2015. But the biggest story that put rate hike specs back on the table is the sharp jump in the core PCE price index from 1.4% in the year to December to 1.7% last month. This puts the Fed's favoured inflation measure at the top the 1.5%-1.7% ...

Three days to lift off

BENJAMIN ONG  |  MONDAY, 14 DEC 2015
... a 20% chance that it could abort lift-off. Let's not worry that the Fed's favoured inflation gauge - the core PCE price index - remained below target at 1.3% in October, be anxious that inflation expectations are falling (sharply at that) again. Would ...