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Showing 1 - 10 of 33 results for "core PCE price index"

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... shows headline CPI inflation at 1.3%; core CPI inflation at 1.6%; headline PCE price index at 1.3%; and, core PCE price index at 1.5%. While measured US inflation have certainly firmed from the lows recorded in the middle of last year, they still haven't ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... low unemployment rate (3.8% in March which is a point above a 49-year low) and low inflation - headline and core PCE price index below target at 1.5% and 1.6% in the year to March, respectively. In his Q&A, chair Powell stressed the decision to trim ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... the Fed's 2.0% target in November and continued to slow to 1.4% by February this year. The more stable core PCE price index peaked at 2.0% in July last year and has decelerated to 1.8% in February. And maximum employment? Let's hear from the ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... increase in the participation rate to 63.1% from 62.9%. On inflation, the Fed's favoured inflation measure - the core PCE price index - stood at 1.9% in the year to November whereas the core CPI inflation stood at 2.2% over the same month. The positive ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... The PCE price index gained 1.6% in the year to the September quarter, down from 2% in the June quarter. The core PCE price index - ex food and energy - also eased to 1.6% from 2.1%. Both are lower than market expectations for gains of 2% and 1.8%, re ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... target). Speaking of which, consensus expectations on the Fed's preferred measure of inflation - the core PCE price index - is for an easing to 1.8% in the September quarter from 2.1% in the June quarter. These suggest that the Fed's previous ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... solid strength in the US economy, inflation remains tame. The Fed's favoured measure of inflation - the core PCE price index - remained steady at 1.9% in the June quarter. Although it's not expected to move on interest rates at its 31 July-1 ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... increased to a four-month high of 60.2 in June from 58.7 in May - and together with inflation now at target - the core PCE price index rose to 2.0% in May from 1.8% - are already inviting speculations of a more aggressive Fed. With most other developed ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by 2% in the year to May (the fastest since April 2012) from 1.8% in ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... rate was lowered to 3.6% for 2018 and 3.5% for 2019(from 3.8 and 3.6%) and inflation, as measured by the core PCE price index, raised to 2% in 2018 (from 1.9%) and 2.1% in 2019 (unchanged). So what's wrong with you people of Wall Street? It could ...
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