Not exact matches
Core
inflation has been lower than expected in recent months... Core
inflation is expected to increase gradually over coming quarters, reaching 2 per cent
by the middle of 2013 as the economy gradually absorbs the current small degree of slack, the growth of labour compensation remains
moderate and
inflation expectations stay well anchored.
And
by just about any measure,
inflation is quiet, while growth has only been
moderate.
Report says retail
inflation likely to
moderate going forward and expected to decelerate to 4.5 %
by March 2017
The price increase was also driven
by the reality that seafood
inflation, although
moderated from where it was at the beginning of the year, was still elevated.
Euro zone
inflation eased in June because of more
moderate energy price rises, but the slowdown was less than expected
by markets and the core measure of price growth the ECB keenly watches increased
by more than anticipated.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured
by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured
by various sentiment indicators; 3) there is a
moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent
inflation pressures, particularly if we do observe economic weakness.
So,
by having a little rebound in our currency, they can maybe
moderate the
inflation pressures.
By enshrining zero percent inflation as the ideal, both of them reflect an exaggerated fear of even moderate inflation that is not supported by the preponderance of evidenc
By enshrining zero percent
inflation as the ideal, both of them reflect an exaggerated fear of even
moderate inflation that is not supported
by the preponderance of evidenc
by the preponderance of evidence.
Second,
by arbitrarily truncating the distribution at an
inflation rate of 50 percent, it makes the scores of countries with
moderate inflation look worse than they otherwise would.
This procedure exaggerates the harm done
by moderate rates of
inflation in three ways.
Amid the sluggish economic recovery, investor expectations for future
inflation have also
moderated, but perhaps
by too much.
Inflation has been high, spurred by The Committee expects inflation to moderate later this year and n
Inflation has been high, spurred
by The Committee expects
inflation to moderate later this year and n
inflation to
moderate later this year and next year.
This implies softer than expected
inflation in coming quarters, with consumer price growth
moderating before returning to the Bank's 2 per cent target
by the end of 2013.