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Showing 61 - 70 of 103 results for "PCE"

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... the Fed's 2.0% target. Note that core CPI inflation had been closely tracking the Fed's favoured inflation gauge - the core PCE price index - in recent times (up 1.7% in the year to January). Similarly, retail spending remained robust. Retail sales rose ...

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
... US non-farm payrolls for February, that followed the reported upwards trend in the Fed's favoured inflation measure - the PCE price index - to 1.9% in January - to its 2% inflation target, has all but made this a certainty. US businesses added 235,000 ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... the highest since October 2015 - boosted by increased new orders and employment. The Fed's favoured inflation gauge - the PCE price index - rose sharply to 1.9% in the year to January. While it's still not at the 2.0% target yet, its accelerating trend ...

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... University of Michigan consumer sentiment index to a 13-year high of 98.5 in January. Inflation remains contained. The headline PCE price index increased by 1.6% in the year to December, up from 1.4% in the previous month. The core PCE price index - ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... expectations. Check. Inflation is not there yet but it's bound to get there. The Fed's favoured inflation measure - the core PCE price index - accelerated to 1.74% in October from 1.69% in September (it was at 1.34% (October 2015) when the Fed announced ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 1 NOV 2016
... the month of September - the fastest rate in three months - following a 0.1% dip in August. As for inflation, the headline PCE price index increased by 1.2% in the year to September from 1.0% in the previous month. More important, the core PCE inflation ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
... growth in exports (1.8% versus 1.2% in the second estimate), along with a slower increase in imports (0.2% versus 0.3%), The PCE price index rose by 2.0% (unchanged from the second estimate) in the June quarter while the core PCE price rate rose by 1.8%. ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... gauge of US inflation reported earlier and we have a case for a US economy that is not in any way at risk of overheating. The PCE price index slowed to 0.8% in the year to July from 0.9% in June. More important, the core PCI inflation rate - the Fed's ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
... increase in the federal funds rate" Yellen talked about at Jackson Hole. However, the latest update on inflation does not. The PCE price index slowed to 0.8% in the year to July from 0.9% in June. More important, the core PCI inflation rate - the Fed's ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
... numbers (sans Brexit) alone, the inflation measure contained in the report should give it pause (including Brexit). The headline PCE price index increased by 0.9% in the year to May, slowing from April's 1.1% annual rate while the Fed's favoured inflation ...