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Showing 31 - 40 of 60 results for "Core PCE"

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... inflation in the economy can't really gain traction unless it receives a tailwind from stronger wages growth. The US core PCE price index - the Fed's favoured inflation measure - for instance, has eased to 1.5% in the year to October from 1.9% when 2017 ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... 26-year high of 9.9% recorded in October 2009. But inflation, as she acknowledged, remains below the Fed's 2.0% target. The core PCE price deflator - the Fed's favoured measure of inflation - increased by 1.3% in the year to September 2017, down from ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... Economic Projections" (latest release was in September), the US central bank prints point forecasts for "PCE inflation" and "Core PCE inflation". An article by the "Business Insider" published in mid-2014 explains the history and reason for this: "The ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... predicting an increase in the fed funds rate by less (to 2.1%) in 2018. Latest data shows that, inflation - as measured by the core PCE price index - was only 1.4% in the year to July. If inflation remains at this low rate, the Taylor model suggests ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
... international developments". Besides inflation remains low and the recent updates show that prices are easing again. The core PCE price index - the Fed's favoured inflation gauge - slowed to an annual rate of 1.4% in May from 1.5% in the previous month ...

The Fed's inflation and asset price conundrum

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

US labour market covfefe

BENJAMIN ONG  |  MONDAY, 5 JUN 2017
... inflation eased 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 ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... the Fed's 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 ...

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... contained. The 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 ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... expectations. 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 ...