Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 67 results for "PCE price index"

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 ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
... along with still below target inflation, virtually ensures another Fed on hold policy next month. The overall PCE price index eased to 1.0% in the year to February from 1.3% in the previous month while the core PCE inflation measure remained unchanged ...

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% ...

Those who want a job can get a job

BENJAMIN ONG  |  MONDAY, 8 FEB 2016
... sometime in 2012, that is. The US labour market steadily improved but the Fed's favoured inflation measure - the PCE price index - remained stuck below its 2.0% target. History shows that rising commodity prices and the weak US dollar drove inflation ...

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 ...

US Fed cleared for lift-off

BENJAMIN ONG  |  MONDAY, 7 DEC 2015
... probability. That 20% likelihood of non-lift can be traced back to the still below the 2.0% target inflation rate -- the PCE price index (the Fed's favoured inflation measure). The annual core inflation rate eased to 1.28% in October from 1.33% in the ...

Paris adds to the "why nots" for a December lift-off

BENJAMIN ONG  |  MONDAY, 16 NOV 2015
... even after six years of expansion." (Econoday). Yes, low inflation. The Fed's favoured measure of inflation - the PCE price index -- remains below its 2.0% target. The latest readings show the headline measure at 0.2% in the year to September and the ...

A December lift if...

BENJAMIN ONG  |  THURSDAY, 5 NOV 2015
... gradually move back toward 2 per cent." But how long is temporary? The Fed's favoured measure of inflation - the PCE price index - was below the 2.0% target at the time. Core PCE inflation was 1.6% and the headline was 1.7% in April of last year. The ...