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Showing 81 - 90 of 164 results for "Labor market"

Inflation expectations says no

BENJAMIN ONG  |  TUESDAY, 13 OCT 2015
... August. And while "...the Committee expects inflation to rise gradually toward 2 percent over the medium term as the labor market improves further and the transitory effects of declines in energy and import prices dissipate" and "survey-based measures ...

NIRP before lift-off?

BENJAMIN ONG  |  FRIDAY, 9 OCT 2015
... anticipate that, based on their assessment of current economic conditions and their outlook for economic activity, the labor market, and inflation, the conditions for policy firming had been met or would likely be met by the end of the year. However ...

Janet vindicated

BENJAMIN ONG  |  TUESDAY, 6 OCT 2015
... the average workweek dipped to a less than expected 34.5 hours from 34.6 hours in August. Then again, the Fed's own Labor Market Conditions Index (LMCI) could have told us all these without us bothering with the details. The LMCI is comprised of "19 ...

Fed will lift later this year if...

BENJAMIN ONG  |  FRIDAY, 25 SEP 2015
Too bad for Wall Street, the closing bell has already rung even before US Federal Reserve Chair Janet Yellen uttered her first word on "Inflation Dynamics and Monetary Policy" at the At the Philip Gamble Memorial Lecture, University of Massachusetts ...

Speculation springs eternal

BENJAMIN ONG  |  FRIDAY, 18 SEP 2015
... leave interest rates where they were since 16 December 2008, at 0-0.25%. It's you, not me. Not America: "On balance, labor market indicators show that underutilisation of labour resources has diminished since early this year." It's you: "Recent global ...

The moment of truth cometh

BENJAMIN ONG  |  MONDAY, 14 SEP 2015
... appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term." The latest US non-farm ...

Lift Janet lift

BENJAMIN ONG  |  FRIDAY, 11 SEP 2015
... to achieve that other half -2% inflation target - of its dual mandate. This is supported by recent readings of the Labor Market Conditions Index (LMCI) - one number that puts together 12 labour market indicators for a better read of well, labour market ...

Reading too much out of nothing at all

BENJAMIN ONG  |  THURSDAY, 30 JUL 2015
... "diminished somewhat."" This is Reuters talkin' 'bout the change in the Fed's language to "On balance, a range of labor market indicators suggest that underutilization of labor resources has diminished since early this year" in the July statement. And ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
... an improving labour market. But we don't have to do that. The Fed has already done it for us. And its name is the Labor Market Conditions Index - as it names implies, it provides a reading of current labour market conditions. No more looking at U-6 unemployment ...

The first is always the best

BENJAMIN ONG  |  THURSDAY, 9 APR 2015
... over the past two years... the unemployment rate probably understates the amount of slack still remaining in the labor market". Say whaaa? Is he arguing for an early or later lift-off? Thank goodness Jerome explained further (else, I'll be forever scratching ...