Not exact matches
Even if Canada doesn't start dropping payloads of cash itself — something Cooper says he does not foresee in the next three years,
at least — the ripple effect of a central bank explicitly targeting higher
inflation and adopting formerly verboten
measures to get it would be felt on these shores in the form of increased global volatility.
Statistics Canada says the Consumer Price Index (Canada's primary
measure of
inflation) is running
at an annualized 3.1 %, slightly above target but still in the comfort zone.
The value of commercial and industrial loans of less than $ 1 million — a common proxy for small business lending — was 17 percent lower in June of this year than it was
at the beginning of the recovery — when
measured in
inflation adjusted terms.
The Federal Reserve's preferred
measure of U.S.
inflation, the core personal consumption expenditures index, is seen stuck
at 1.6 % for the year to September, exactly where it has been since March.
The core
inflation measure that many market economists look
at, which also excludes the prices of alcohol and tobacco, also slipped to 0.7 percent from 1.0 percent in March.
The Office for National Statistics says the consumer price index — the key
measure of
inflation — held steady
at 0.3 %.
Other
inflation measures have been even lower, with the Fed's preferred gauge, the personal consumption expenditures index,
at 1.4 percent.
On the other side of the mandate, the Fed's preferred
measure of
inflation is below target
at around 1.3 percent.
With the economy either
at or beyond full employment and the consumer price index — a
measure of the
inflation in consumer prices —
at 2.1 percent, the real 10 - year interest rate is 0.4 percent, Jones explained, roughly 300 basis points below the historical average.
Though all
measures of
inflation were coming down as summer turned to fall and the economy clearly was slowing following a July brush with $ 4 - a-gallon gasoline, the FOMC decided to hold the fed funds rate
at 2 %, concluding that «the downside risks to growth and the upside risks to
inflation are both of significant concern to the committee.»
And indeed here in the United States we look
at a range of different
measures of core
inflation, for example, that take energy and food prices out of the overall index.
China's consumer
inflation remained weak in December, while price declines
at the factory gate level continued to deepen, suggesting weakness in the world's second - largest economy but giving policy makers more room to take easing
measures.
Note the recent slowing of the aggregate real wage
measure at the end of Figure 3, largely a function of faster
inflation growth (the energy effect noted above) and some slowing of job and (blue - collar) wage growth.
The forecast I presented
at the time was that when it had passed through, the rate of
inflation measured by the CPI would settle
at 2 1/2 per cent.
Given these complications, the Bank is looking
at how we
measure core
inflation as part of our regular review of our
inflation - targeting regime.
The figure shows that in the first quarter of 2017, forecasters expected that 2018 CPI would be running
at 2.3 percent, consistent with the Fed's 2 percent
inflation target using the PCE
measure of
inflation.
Zimstats said on Oct. 16 that «the year on year
inflation rate for the month of September 2017 as
measured by the all items Consumer Price Index (CPI) stood
at 0.78 percent, gaining 0.64 percent» on the August 2017
inflation rate of 0.14 percent.
«Looking
at either the headline or trimmed mean
measures, annual
inflation appears to have fallen to about 1 per cent.
Moreover, core
inflation moved ahead of its level of 6 months ago, and leading economic
measures continued to slip (though we don't see them as being indicative of recession risk
at present).
However, increased
inflation pressures evident in upstream
measures are starting to show up
at the consumer level in some countries, including Singapore and China.
At the same time,
inflation has picked up,
measured either by the CPI or the various underlying
measures.
As a result, petrol prices
at the pumps have contributed significantly to CPI
inflation over the year and, to a lesser extent, have probably also contributed to some of the pick - up in underlying
inflation measures.
The Fed are likely to hold steady on interest rates but signal a rate hike is possible for June, as wages and prices are now growing
at 2 percent a year, according to the Fed's preferred
inflation measure.
The increase in the CPI over the latest year,
at 1.7 per cent, has been held down by the effects of the health insurance rebate introduced in early 1999, which will cease to affect the
measured inflation rate early in 2000.
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.
Another report earlier this week showed that the Fed's preferred
measure of
inflation accelerated to its highest in more than a year in March, while data last week showed that wages grew
at their fastest pace in in eleven years in the first quarter.
Our econometric analysis shows that global factors play a dominant role in driving
inflation at the individual country level; our
measure of the global output gap has begun to increase, and should rise further as emerging markets recover, exerting upward pressure on
inflation rates.
Looking back
at the past 20 plus years, value has traded higher relative to growth when
inflation,
measured by the consumer price index (CPI), is higher (see the accompanying chart).
The core chain price (PCE)
measure of
inflation, favoured by the Federal Reserve, is even lower
at around 0.7 per cent.
Expectations of
inflation, as
measured by the difference between nominal and indexed 10 - year bond yields, remain
at around 2.3 per cent.
Consumer price
inflation in the euro area increased to 2.1 per cent over the year to October, primarily due to higher food and energy prices; the core
measure of
inflation is lower
at 1.7 per cent (Graph 9).
The Federal Reserve's (Fed's) preferred
measure of
inflation, core personal consumption expenditure (PCE), is
at a one - year low of 1.60 %.
Importantly, when a preferred share is trading
at a high current yield relative to the market yield, the investor receives a
measure of protection from the impact of rising interest rates (or, if we're focused on real returns, the impact of rising
inflation).
The various
measures of underlying
inflation recorded slightly lower outcomes in the quarter, although on a year - ended basis they show
inflation at a similar rate to the headline
measure (Table 14; Graph 71).
The Fed rate statement also noted that «market - based
measures of
inflation compensation remain low», a reference to soft wage growth, which is
at 2.7 %, lower than the 3 % rate that the Fed would like to see.
As for those of you who keep looking for hyperinflation around every corner —
inflation (
measured by the price deflator) dropped to 1.2 percent
at the end of last year, from 1.8 percent the year before.
It remained
at 2.5 per cent, based on the RPIX
measure of
inflation, from 1997 until December 2003, when it was changed to 2.0 per cent, based on the new Harmonised Consumer Price Index
measure of
inflation.
The low cap is due to record - low
inflation and is reviving a push from education advocates the Legislature considering altering the
measure so that the limit is
at 2 percent, not tied to the consumer price index.
The Office for National Statistics places the consumer price index
measure of
inflation at 2.5 per cent, after rising from 2.2 per cent in January.
Below is a breakdown of the lesson objectives: * All students will know the main
measures of an economy * Most students will have an idea of what the UK economy is currently like * Some students will know how different factors can effect the UK economy The lesson looks
at the basics of the following macroeconomic concepts with definition, examples and valid video links: *
Inflation * Unemployment * Economic growth * Gross domestic product (GDP) * Balance of payments * Exchange rates The lesson concludes with a nice multiple choice quiz to test students on the lessons theory.
Specifically this lesson is for teaching how to
measure inflation, looking
at RPI or CPI index.
The lesson looks
at what
inflation is, how it is
measured, a brief history of UK
inflation, the problems of
inflation and the causes of
inflation.
At a bare minimum, our elected officials should commit to providing the $ 400 million that they pledged for school safety and security
measures, which ate up all but 47 cents of the roughly $ 100 increase in per - pupil spending (and that still lags total
inflation adjusted spending from a decade ago by nearly $ 1500).
Looking back
at the past 20 plus years, value has traded higher relative to growth when
inflation,
measured by the consumer price index (CPI), is higher (see the accompanying chart).
Inflation, as
measured by Core CPI, has been maintained
at less than 4 % for the last 20 years and is currently coming off record low levels below 1 %.
Moreover, core
inflation moved ahead of its level of 6 months ago, and leading economic
measures continued to slip (though we don't see them as being indicative of recession risk
at present).
Our ability to use past
inflation measures to predict future
inflation measures is poor
at best, and «core»
measures don't help in the explanation.
Inflation is the measure of the rate at which prices increase, so if savings don't beat inflation after tax, they're losing y
Inflation is the
measure of the rate
at which prices increase, so if savings don't beat
inflation after tax, they're losing y
inflation after tax, they're losing you money.
If incoming information broadly supports the Committee's expectation of ongoing improvement in labor market conditions and
inflation moving back toward its longer - run objective, the Committee will likely reduce the pace of asset purchases in further
measured steps
at future meetings.
Many Fed officials believe the best way to
measure whether their efforts to keep
inflation at bay are working is to look
at measures of underlying
inflation, because that is a better gauge of where
inflation is headed.