Don’t go for panic sell when dollar appreciates or Fed rates head up: William Hobbs, Barclays

Edit The Times of India 24 Sep 2016
In a chat with ET Now, William Hobbs, Head of Investments - UK & Europe, Barclays, says the interest rate outlook should not be materially affected by the presidential elections in the US ... The data shows that CPI and PCE have been telling us different things. So we will see whether PCE is going to pick up and certainly if you look at the wider economy, the labour market looks to be getting tighter and wages have started picking up ... ....

U.S. Fed keeps rates unchanged, signals one rate hike by year-end

Edit Xinhua 22 Sep 2016
WASHINGTON, Sept. 21 (Xinhua) -- The U.S ... The core price index for personal consumption expenditure (PCE), the Fed's preferred indicator for gauging core inflation excluding food and energy, increased 1.6 percent in July from a year ago, still below the central bank's target of 2 percent ... The opposition underscored the intense policy debate inside the central bank and a heavily divided Fed over rate hikes ... 1-2 and Dec. 13-14 ... Editor ... ....

Gross Domestic Product for Guam, 2015 (BEA - Bureau of Economic Analysis)

Edit Public Technologies 22 Sep 2016
(Source. BEA - Bureau of Economic Analysis). EMBARGOED UNTIL RELEASE AT 8.00 P.M. EDT, Wednesday, September 21, 2016 BEA 16-50. Technical.. Kevin Furlong (BEA). (301) 278-9075 ... 2.5 ... Personal consumption expenditures (PCE), also referred to as "consumer spending," measures the goods and services purchased by "persons"-that is, by households and by nonprofit institutions serving households (NPISHs)-who are resident in Guam....

The Fed just slashed its economic outlook

Edit Business Insider 21 Sep 2016
ET on Wednesday ... And finally, the Fed kept its expectations for core PCE inflation unchanged, at 1.6% to 1.8% for the year ... ....

Goldman Picks a Side in One of the Fed's Most Contentious Debates

Edit Bloomberg 20 Sep 2016
"The implication of our findings is that the observed pick-up in wage growth may be more likely to contribute to the long and winding road to higher core PCE inflation than often believed," the economist writes ... dollar, and the normalization of PCE health care inflation should also move core PCE inflation gradually higher."....

Experts Expect No Fed Rate Hike This Week

Edit The Street 20 Sep 2016
The Fed's inflation target is 2%, though the Fed's preferred inflation measure, the personal consumption expenditure price index (PCE), hasn't topped 2% ... Ewing said not all of the economic data has been strong and pointed to declines in PCE and gross domestic product as worrisome signals about the economy. ....

Why the Fed could stun the world on Wednesday

Edit Yahoo Daily News 20 Sep 2016
It’s the billion dollar question. Will Federal Reserve officials raise rates or won’t they?. While expectations are very low that the Fed will announce an interest rate hike after its policy meeting on Wednesday, there are some contrarians who believe the Fed could still surprise the markets ... However, the Fed’s preferred measure of inflation, core PCE, remains at 1.6%, below the Fed’s target of 2% ... ....

Market Potential Improves on the Back of Gains in Income, According to First American Chief Economist's Potential Home Sales Model (First American Financial Corporation)

Edit Public Technologies 20 Sep 2016
(Source. First American Financial Corporation) ... September 20, 2016, Santa Ana, Calif. First American Financial Corporation (NYSE ... 'While the labor markets are improving and wages are rising, have the gains been strong enough to convince the FOMC that a rate hike is in order? Inflation, which is tracked by the FOMC using the core personal consumption expenditure (PCE), reached 1.6 percent in June, just under the target of 2 percent....

Market Potential Improves on the Back of Gains in Income, According to First American Chief ...

Edit Stockhouse 20 Sep 2016
Market Potential Improves on the Back of Gains in Income, According to First American Chief Economist’s Potential Home Sales Model ... “While the labor markets are improving and wages are rising, have the gains been strong enough to convince the FOMC that a rate hike is in order? Inflation, which is tracked by the FOMC using the core personal consumption expenditure (PCE), reached 1.6 percent in June, just under the target of 2 percent....

The Fed has an inflation problem because of Obamacare and EpiPens

Edit Business Insider 19 Sep 2016
To measure its progress on that second mandate, the Fed uses core personal consumption expenditures (PCE) inflation which has been running consistently under the 2% target ... Core PCE and the other widely-cited measure of inflation, the consumer price index (CPI), use two different methods of tracking healthcare expenses, which we've noted before ... Core CPI is running at a 2.3% increase year-over-year while core PCE is around 1.6%....

Petrocapita Announces Proceeds of $9.787 Million From Debentures

Edit Stockhouse 19 Sep 2016
CALGARY, ALBERTA--(Marketwired - Sept. 19, 2016) - Petrocapita Income Trust (CSE.PCE.UN) ("Petrocapita" or the "Trust") announces gross proceeds to date of $4,787,000 from the sale of its 8% secured convertible debentures (the "Convertible Debentures") pursuant to its previously announced private placement offering of these Convertible Debentures ... About Petrocapita ... ....

US Fed expected to defer rate change

Edit Taipei Times 18 Sep 2016
Signs of inflation were scant ... In July, the core personal consumption expenditures price index, or core PCE, stood at 1.6 percent from the same month last year, still significantly below the Fed’s target of 2 percent. In a speech in Chicago on Monday last week, Brainard said that core PCE had undershot the Fed’s target for 51 straight months, making any trend difficult to discern....

CHILD POVERTY Samuelson column: Will the real child poverty rate please stand up?

Edit Richmond Times Dispatch 18 Sep 2016
WASHINGTON. America is on the mend. Witness the good news in the latest version of the nation’s “economic report card”. the Census Bureau’s annual estimates of the median household income and the poverty rate. Here are the crucial numbers ... The story is similar for the poverty rate ... Still, not all the news is good ... 1 ... 2 ... 3 ... 4 ... Substituting another index based on personal consumption expenditures (PCE) corrects this alleged bias. 5 ... 6 ... ....
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