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Showing 31 - 40 of 67 results for "PCE price index"

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... inflation expectations are headed. Just last night we learned that the Fed's favoured inflation measure - the core PCE price index - remained unchanged at 1.5% in the year to December from the previous month (the headline PCE price index dipped to 1.7% ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... but given current indications... perhaps, not yet. Although it tracks the core CPI measure's direction, the core PCE price index - the Fed's favoured inflation measure - remains below (1.5% in the year to November) the US central bank's 2.0% inflation ...

Three is the magic number

BENJAMIN ONG  |  THURSDAY, 14 DEC 2017
... in the Fed's summary of economic projections in December 2016, inflation hasn't. Latest figures show that the PCE price index has slowed to 1.5% in the year to October while the core PCE eased to 1.6%. These compare with the Fed's projections made in ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... 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 started. ...

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
... calibratinyg interest rates particularly, with its favoured measure of inflation still below its 2% target. The PCE price index was at 1.6% in the year to September and the core measure at 1.3%. As Japan's experience have shown, lower prices begets ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... 2000 when the FOMC stopped publishing CPI forecasts and began to frame its inflation projections in terms of the PCE price index. This shift, announced by Alan Greenspan during his testimony to Congress, came after extensive analysis done by the Fed. ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... 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 a fed funds rate ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
... 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 fifth ...

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 ...