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Showing 81 - 90 of 980 results for "US Economy"

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... of an all-out trade war, and if not, his advisers would have told him what these are. Recent studies showed that the US economy could slow by between 1% and 2% if the current ructions escalate into a full-blown trade war. There goes Trump's "So we're ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... January this year, it stated that inflation would hit target "sometime this year". This, and the strong momentum in the US economy, would strengthen speculations that the Fed would raise interest rates by four times this year (it has already lifted twice). ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... more of a worry is the sharp deceleration in household spending growth - that which accounts for around 70% of the US economy. Personal consumption expenditures contributed a mere 0.6 percentage points to first quarter growth (revised from 0.7 pps). ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... 11.6% to US$39.3 billion in May while imports grew by 11.4% to US$14.7 billion. The (still) strong momentum in the US economy as against a weakening one in China would only exacerbate China's trade surplus which, by extension, would deepen Trump's ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... who ignore history are bound to repeat it." Trump's doing just. To be sure, Trump has the upper hand because the US economy is improving faster than its trade "partners". But what goes around comes around. The New York Tines reports that "China and ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... why investors would be buying safety instead of risk assets. More so, given the Fed's optimistic outlook for the US economy (it wouldn't be raising interest rates if not, and by more than initially forward-guided). As it turns out, I am wrong ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... in the fed funds rate to 1.75%-2% at its FOMC meeting and according to Fed chief Powell, "is another sign that the US economy is in great shape. Growth is strong. Labour markets are strong. Inflation is close to target." Perhaps, growth is even stronger. ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... would be 25 basis points higher from 1.5%-1.75% to 1.75%-2%. More so, given the Fed participants observation of the US economy: "In their discussion of monetary policy for the period ahead, members judged that information received since the Committee ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... April from 1.3% in the previous month; core inflation decelerated to 0.7% from 1% in March. Continuing strength in the US economy and slowly lifting inflation suggest that the Fed is on track for another two more interest rate hikes this year (at the ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... deficit; reduced Fed purchases (on QE unwind); and, of course, Fed rate hikes. What's wrong with that? A strengthening US economy (or any economy for that matter) demands higher interest rates. As Reserve Bank of Australia (RBA) Governor, Philip ...