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Showing 51 - 60 of 1014 results for "US economy"

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... headline and core CPI dropped by 0.7% in the month of April 2020. However, it's also true that the re-opening of the US economy, pent-up demand and government handouts make consumers more willing to accept higher prices passed on by businesses that ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added 266,000 jobs in April, well-below market expectations for a nearly 1 million gain (978,000 to be exact). What's ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... the US central bank will have to start raising interest rates as soon as next year. The strengthening momentum in the US economy backs up Kaplan's rationale. The thing is, if the US starts tapering and liftin interest rates, it will have a flow-on ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... US National Accounts released the day after backs up the Fed's statement. Preliminary estimates showed that the US economy expanded at annualised rate of 6.4% in the March 2021 quarter following the previous three-month's 4.3% growth. As per ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
"Business is picking up as mandated restrictions seem to be easing and spring is right around the corner." "Higher levels of demand related to additional business reopening, and increased activity related to vaccination distribution." "Vaccination rates ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... recovery". The reason he and she are seeing "trees of green, red roses too" is perhaps because they both consider the US economy not out of the woods yet. Powell warns that "the recovery is far from complete", pledging that the Fed "will continue to ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... have a critical role to play. Spence told Financial Standard 's annual Chief Economists Forum via video link that the US economy will be highly dependent on the stimulus to see it through to full vaccinations. Currently, about two million doses are administered ...

Chief economist update: Patience is the word

BENJAMIN ONG  |  THURSDAY, 18 FEB 2021
The US economy is not out of the woods yet and therefore, worrywarts need not be concerned over rising inflation - that would prompt the Fed taper policy accommodation. "Participants observed that the economy was far from achieving the committee's ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... less Americans in employment in those two months than previously reported. Moreover, in spite of the January gain, the US economy remains around 10 million jobs short of the peak recorded in February last year. Similarly, while the unemployment rate ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... end of the day, it's the fundamentals that'll matter. And oh, valuation too. The fundamentals are good. The US economy is advancing and rising from the recession borne of the COVID-19 pandemic. The US Federal Reserve and now the Biden administration's ...