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Showing 41 - 50 of 217 results for "CPI inflation"

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... tight enough to generate wage increases that are consistent with achieving the inflation target. In the short term, CPI inflation is expected to rise temporarily because of the reversal of some COVID-19-related price reductions. Looking through this ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
... measures barely reached the Fed's 2% inflation target. Here are the annual inflation averages for 2019: Headline CPI inflation, down to 1.81% from 2018's average of 2.43%; Core CPI inflation, up from 2.14% to 2.19%; Core PCE price inflation ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... 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 CPI inflation at 1.6%; headline PCE price index at 1.3%; and, core PCE price index at 1.5%. While measured US ...

Chief economist update: NIRP embedded in BOE forecasts

BENJAMIN ONG  |  FRIDAY, 5 FEB 2021
... three quarters to end with a 5% expansion this year and return to pre-pandemic levels by the first quarter of 2022. "CPI inflation is currently below the MPC's 2% target, largely reflecting the direct and indirect effects of Covid-19. As temporary ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... 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 headline and core PCE price deflators stood at 1.1% and 1.4%, respectively ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... terms, inflation is forecast to be 1% in 2021 and 11/2 per cent in 2022. In the most recent quarter, year-ended CPI inflation was 0.7% and, in underlying terms, inflation was 11/4 per cent." But if the kitchen sink isn't enough: "The board is prepared ...

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... would keep the Bank of Japan (BOJ) from achieving its 2% inflation target. Latest stats show that Japanese headline CPI inflation remained barely above zero (0.1%) in the year to May while core inflation lingered in deflation (-0.2%) over the same period. ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... around 10% over coming months and is still above 7% at the end of next year." "In the March quarter just passed, CPI inflation rose to 2.2%, but it is expected to turn negative temporarily in the June quarter, due to falls in oil prices, the introduction ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... (RBA) self-congratulatory exclamation after the Australian Bureau of Statistics (ABS) reported that annual headline CPI inflation accelerated to 2.2% in the March quarter - higher than market expectations for a 2.0% print, the fastest pace since the ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... turned into a pandemic) and by -5.0% to -3.0% in FY2020 (from +0.8% to 1.1%). While the BOJ largely maintained its CPI inflation forecast at +0.6% in FY2019 (from +0.6% to +0.7% in January), it now sees inflation at around -0.7% to -0.3% in FY2020 (a ...