Sentences with phrase «inflation near target»

Not exact matches

However, it noted that it expects inflation to «run near» its 2 % target «over the medium term,» suggesting that interest rates might see a hike in June.

Asian shares closed mixed on Thursday as U.S. - China trade talks kicked off and investors digested an acknowledgment by the Federal Reserve that inflation had moved nearer its target.

Even if inflation remains short of the ECB's target of near 2 percent, its policymakers have been debating whether to end the central bank's 2.55 trillion euro ($ 3.06 trillion) asset purchase scheme.

WASHINGTON, May 2 - The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank's target would be sustained, leaving it on track to raise borrowing costs in June.

The U.S. Federal Reserve's gauge of inflation remains stubbornly below its 2 percent target, but U.S. 10 - year Treasury yields spiked to near four - year highs in January as a bond sell - off gathered steam.

The central bank expressed confidence that a recent rise in inflation near to its target would be sustained, leaving it on track to raise borrowing costs in June.

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday but noted that inflation is nearing its 2 percent target rate after years of remaining undesirably low.

In its announcement, the U.S. central bank expressed a confident economic outlook, saying that activity had expanded at a moderate rate and that inflation was nearing its 2 - percent target.

U.S. data on Monday showed that consumer prices accelerated in the year to March, with a measure of underlying inflation surging to near the Federal Reserve's 2 percent target as last year's weak readings dropped out of the calculation.

Its rate - setting committee said inflation had «moved close» to its target and that «on a 12 - month basis is expected to run near the Committee's symmetric 2 percent objective over the medium term.»

While Yellen herself has indicated that the end of the rate - hiking cycle could be near, she and her fellow Federal Open Market Committee members have stood by the belief that inflation ultimately will gravitate toward their 2 percent target.

Although a number of temporary factors are keeping headline inflation near its 2 per cent target, our measures of core inflation are in the lower half of the target band and have been trending downward in recent quarters.

The spread on the nominal less inflation - indexed rates for both the five - and 10 - year maturities remains above 2.0 % — a sign that the crowd expects that hard data on inflation will hold at or above the Fed's target in the near term.

The Fed intends to keep short - term rates near zero as long as unemployment remains above 6.5 % and inflation remains below 2.5 % (but these could be moving targets).

Total CPI inflation remains near the bottom of the Bank's target range as the disinflationary effects of economic slack and low consumer energy prices are only partially offset by the inflationary impact of the lower Canadian dollar on the prices of imported goods.

The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near the U.S. central bank's target would be sustained, leaving it on track to...

The Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation to near the US central bank's 2 per cent target would be sustained.

Precious and Industrial Metals Inflation concerns, geopolitical tensions and interest - rate levels, especially real yields, contributed to a 1.7 % rise in the spot price of gold (to US$ 1,325 per troy ounce), as did swings in the US dollar.1 Gold prices traded within the US$ 1,305 — 1,360 range throughout the period, reached 18 - month highs in March and capped their third straight quarterly gain, a feat not seen since 2011.1 Haven demand was a key support as exchange - traded gold holdings of 2,269 metric tons (mt) neared a five - year high.1 The Fed is widely expected to boost borrowing costs, and investors have been carefully watching the central bank's statements to see whether it targets more rate increases in 2018 than previously projected.

Total inflation has been close to 2 per cent and is expected to dip to about 1.7 per cent in the middle of the year before returning to near its target.

First it implies that if the Fed is serious — as it should be — about having a symmetric 2 percent inflation target then its near term target should be in excess of 2 percent.

While inflation2 is still a bit below the FOMC's target, most forecasters expect inflation to rise to, or near, the Fed's 2 percent target by the end of 2018.

Total CPI inflation remains near the bottom of the target range, reflecting year - over-year price declines for consumer energy products.

The Fed policy meeting ended with no change, as expected, while the central bank expressed confidence a recent rise in inflation to near target would be sustained, leaving it on track to raise borrowing costs in June.

stocks on Wednesday close lower, after initially edging slightly higher, as the Federal Reserve acknowledged rising prices and said it now expects inflation to «run near» its 2 % target «over the medium term,» in its most recent policy statement.

The ECB's overzealous inflation targeting in 2011 caused near - recession growth in 2012 & 2013.

Or has the ECB waited too long and missed the opportunity to free the eurozone from its near recessionary doldrums and lift inflation closer to the target?

And it is quite likely that this change occurs in reaction to the current economic data flow, which reveals core inflation to be trending upward, nearing the Fed's target of 2 %.

Inflation over a 12 - month period is below the central bank's target of 2 percent and is expected to remain low in the near - term.

At its March meeting, BOJ confirmed its stance on keeping interest rates near 0 % by removing a target date for achieving its 2 % inflation goal.

In its statement, the Fed expressed confidence that a recent rise in inflation to near the U.S. central bank's target would be sustained, leaving it on track to raise borrowing costs in June, while it also said inflation «on a 12 - month basis is expected to run near the Committee's symmetric 2 percent objective over the medium term.»

Consumer price inflation was 2.8 per cent over the year to the March quarter, near the top of the Reserve Bank of New Zealand's target band.

US inflation has picked up in recent months to around the Fed's target, amid firming wages as the labour market nears full employment and a late - cycle Republican tax - cut and Congress spending increase.

Inflation has neared the central bank's target of 2 % in the run up to the interest rate decision.

The bank underlined several areas where it said economic conditions had hit close to its assumptions: the stronger performance in non-energy exports and investment, the economic growth reading for the final three months of 2014 and core inflation near its two per cent target.

The Fed also made suggestions that inflation is near target but that there is no need to accelerate the pace of rate hikes.

Total CPI inflation is expected to remain around 1 per cent in the near term before rising gradually, along with core inflation, to the 2 per cent target in the second half of 2014 as the economy returns to full capacity and inflation expectations remain well - anchored.

Core inflation continues to be near the 2.0 % target as the past decline in the Canadian dollar puts upward pressure on imported products, which has been largely offset by the deflationary effect of excess capacity.

On the one hand, the economy is near full - capacity, unemployment is at its lowest level since the 1970s, and inflation has climbed back to the BoC's 2 % target.