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Showing 51 - 60 of 262 results for "core inflation"

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... and decline to 6.5% in 2021. US GDP was projected to contract by 6.5% this year before rebounding 5% next year. "Core inflation would be 1% this year before rising to 1.5% next year and 1.7% in 2022, still short of the 2% 'sweet spot' - indicating that ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... 2.0% target. The country's annual headline inflation rate weakened to 0.2% in April (from 0.4% in March); core-core inflation decelerated to 0.2% (from 0.6%); and most notably, core inflation of 0.4% in March turned into deflation of 0.1% in April. ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... (latest). Similarly, headline inflation has decelerated from last year's high of 2.1% to 1.5% (November 2019) and core inflation 1.9% (2019 high) to 1.7% (November). Carney is taking no chances, telling his audience that the UK central bank has scope ...

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... the BOJ's efforts to bring inflation up to its 2% target. With headline CPI inflation at 0.2% (October) and core inflation at 0.4%, continued yen weakness would push import prices up and, in turn, domestic consumer prices. The optimism behind the ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... consumer prices in seven years - due largely to higher pork prices following the African swine fever outbreak. Core inflation - excluding food and energy -- remained steady at a three-year low of 1.5%.

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... currency of the country with higher inflation must depreciate to adjust for price growth differences. Australian core inflation was 1.3% in the June quarter, US core inflation was 2.4% (August). So are relative growth rates. While the IMF forecast the ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... from 47.0 in August) and the decline in the services sector (to 52.0 from 53.5). Moreover, both headline (1%) and core inflation (0.9%) remains below the ECB's target (2%). Still, these are still early times and monetary policy operates with a lag. ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... growth in headline consumer prices (HICP) have decelerated to 1.0% in July from 1.3% in the previous month, with the core inflation rate similarly easing to 0.9% from 1.1%. Yet, several ECB members are voicing their dissent over a stimulus package: Bundesbank ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... frustrating the Japanese central bank's efforts at lifting inflation. Already, the BOJ's small progress on core inflation has reversed. After reaching a five-month high of 0.9% in April, Japan's annual core inflation rate decelerated to 0.8% ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... Australia's unemployment rate at 5.2% in May; headline CPI inflation at 1.3% in the March quarter and; the core inflation rate - average of trimmed mean and weighted median measures - at 1.4%. The annual growth in wages remained stuck at 2.3% over ...