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Showing 31 - 40 of 270 results for "Janet"

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
... balance sheet unwind in September. Certainly, the Fed continues to grapple with persistent low inflation. But as Fed Chair Janet Yellen explains in several of her outings, this is transitory and "reflects the influence of unexpected movements in oil ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... unchanged at 1.4% over the same periods. The Fed considers low inflation readings transitory and unlikely to persist. Chair Janet Yellen emphasised this once more in her speech at the Group of 30 International Banking Seminar, Washington last night ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... as a percent of the civilian labor force plus all persons marginally attached to the labor force." Recall that Fed chair Janet Yellen used this stat to explain the slack in the labour market and therefore, slow wages growth in America. Slack no more? ...

As clear as it gets

BENJAMIN ONG  |  WEDNESDAY, 27 SEP 2017
... self-fulfilling prophecy whereby actual inflation remains low (if not lower). Each one presented valid arguments for their cases but Janet Yellen's speech before the 59th Annual Meeting of the National Association for Business Economics in Cleveland ...

Transparency to the max

BENJAMIN ONG  |  MONDAY, 25 SEP 2017
... July, these are the lowest readings on Factset's record (1990). There were a number of occasions in the past when Fed Chair Janet Yellen cautioned that these ultra-low readings (the VIX index's long-term average is around 20) could imply investor complacence. ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... level since 1993. Hardly surprising given that the Fed made hardly any changes to its economic assessments and projections. Janet Yellen's admission that she and "the committee clearly understands what the causes are" of persistently low inflation only ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
... been below the Fed's 2% target - after peaking at 2.3% in January this year. These once again raise doubts over Fed Chair Janet Yellen's claim the weakness in inflation is transitory. More so given the strength in the US labour market, underscored by ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... by US residents increased 0.8% in the second quarter of 2017, after increasing 2.6% in the first quarter." This justifies Janet's worry over decelerating inflation expectations and interpretations of the Fed's change towards a more dovish stance. But ...

Is the Fed the victim of its own success?

BENJAMIN ONG  |  MONDAY, 17 JUL 2017
... of sequential deceleration since January's 2.3 year-on-year rate. Suddenly, low inflation is looking less "transitory" as Janet Yellen deems in the latest Fed statement and in her recent testimonies. It's also looking less likely due to what Yellen termed ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
Janet's in the house. US Fed Chair Janet Yellen's much-awaited testimony did not differ greatly from what was already divulged in the FOMC statement released on 14 June - when the Fed raised the fed funds rate by 25 basis points to 1%-1.25%. In her ...