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Showing 1 - 10 of 20 results for "Fed rate hikes"

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... the coronavirus on the globe is worse than at the height of the tariff wars between Beijing and Washington and Fed rate hikes, others would disagree. I think the impact would depend on how long and how far and wide the virus spreads before it's contained. ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... into the slowdown we are witnessing now. Recall what we were all contemplating at the start of last year? Four Fed rate hikes of 25 bps each in 2018 (that's done) and forward guidance for another three this year; policy exit speculations from the ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... thought that old Wall Street rule of thumb, "three steps and a stumble" - stock prices drop after three consecutive Fed rate hikes - was no more, it re-asserted itself. Note that the S&P 500 index started to stumble-from a record high of 2,930.7 points ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
... necessarily going to throw a tantrum if the Fed does so before Christmas, it's the changes in the probability of Fed rate hikes next year that has changed. The CME FedWatch Tool shows that the probability of the fed funds rate at 2.75% by the Fed's ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... July and expectations of 2.8%. This points to rising wage inflation and all but confirms the third of the four Fed rate hikes expected for 2018 when the FOMC concludes its 25-26 September meeting. Trump wouldn't be "thrilled". Just as he was upset ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... seen in April." But what puzzles the mind is why the CME FedWatch Tool - the one which tracks the probability of fed rate hikes based on fed fund futures contract prices (or where investors put their money where their guesses are) - showed the likelihood ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... rationales came in fast and thick: increasing US budget 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. ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... is one in which the economy is strengthening and income growth is also picking up." But whether or not upcoming Fed rate hikes would be steeper is largely dependent on where inflation's going. The minutes revealed that: "all participants expected inflation ...

Chief economist update: The other president for life in the making

BENJAMIN ONG  |  TUESDAY, 6 MAR 2018
... increased volatility in the financial markets, the correction on Wall Street, the prospect of a greater than three Fed rate hikes this year and the prospect of a global trade war sparked by Trump's 25/10 tariff threat is Russia's improving fortunes. ...
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