Several participants favored maintaining the same target range
at this meeting, judging that the real economy continued to be in a good place, bolstered by confident consumers, a strong job market, and a low rate of unemployment.
The decrease followed the 25-basis point downward shift in the target range
for the US federal funds rate on July 31.
"Analysts expect inflation in 2019 and 2020 to settle within the target range
, with downward pressures seen to dominate the risks to the inflation outlook," Diokno said.
The latest print shows inflation taming back to the BSP's 2- to 4-percent target range
to hit 3.8 percent in February, with March expected to settle within the 3.1 to 3.9 percent range according to the most recent forecast from the BSP Department of Economic Research.
Currently, the trend is developing within a falling channel, which suggests the target range
Capital Economics noted that inflation already returned within the government's 2 to 4 percent target range
in February, as the rate of increase in prices of basic commodities slowed to a one-year low of 3.8 percent.
After nine rate hikes since the start of the tightening cycle in December 2015, the Fed has decided to maintain the target range
for the federal fund rate at 2.25 percent to 2.5 percent for the time being.
Based on uncertainty over when the contract will attain break-even, management's decision to walk back earlier calls to raise the target range
by a point, and comments by the Nike COO at the 2018 investor day, Fitch does not expect the CTG segment to achieve the lower end of Flex's target range
over the ratings horizon.
"The Committee noted that inflation expectations remained well anchored within the target range
, but concluded that there was need to monitor the second-round inflationary effects arising from the VAT on petroleum products, and any perverse response to its previous decisions," CBK Governor Patrick Njoroge said yesterday.
Many years ago I was at my local target range
when two shooters told me a story they heard about some poor guy who had a holster "malfunction" while attending a recent training class.
The researchers found that the excess risk of outcomes decreased stepwise for each risk-factor variable within the target range
among patients with type 2 diabetes.