The Fed is worried about pass-through, and even if they don't see it in the September numbers it won't make them feel secure about the future. This will help the markets remain confident that inflation is low but not necessarily convince the Fed.
The Fed is worried about pass-through, and even if they don't see it in the September numbers it won't make them feel secure about the future. This will help the markets remain confident that inflation is low but not necessarily convince the Fed.
Monetary policy should respond to energy shocks by remaining focused on price stability. I think it is too soon to declare that 'pass-through risk' is entirely behind us.
We agreed to be a pass-through organization, which we've done before for other events.
It's clear that we've seen some pass-through of raw materials costs to producer prices, but retail inflation is still restrained.
I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.
With conditions in the US economy currently ripe for pass-through of higher wage costs to consumers, the upside ahead in wage inflation points to the prospect of higher core CPI inflation.
Pass-through agreements are not very common.
This is the cost we pay to secure contracts. It's a pass-through cost.
For most of the time that I have been on the board, there has been very limited pass-through of the additional costs. And the absence of that pass-through has helped keep inflation down,
After completing rate studies and financial forecasts, our board has approved a pass-through rate increase of 8.3 percent effective with the bill you receive the first week of May 2006. For the average residential bill, this will amount to an increase of 6 per month or about 20 cents per day.
Recent empirical studies, however, show such short run effects become small because the exchange rate pass-through to import prices declines.
I think it's up to the drivers. We don't know where the line is until somebody crosses it. Until somebody gets called in for a pass-through penalty, nobody really knows where the line is. I'm sure we're going to push the envelope come (today).
© 2020 Inspirational Stories
© 2020 Inspirational Stories