Chris Rupkey

Chris Rupkey News

  • Payrolls Rose in Most U.S. States in March, Led by Florida

    Payrolls climbed in 34 U.S. states in March and unemployment rates fell in 21, showing the job market was making progress across much of the world’s largest economy.

  • Fed 2014 Rate Increase Seen by Shimazu to Make Minority of Three

    The number of economists predicting the Federal Reserve will raise interest rates this year just rose to three.

  • Economists in Majority Don’t Let Improving Data Undermine Gloom

    After concern last summer of an imminent double-dip recession in the U.S., the data got a bit brighter in the fall. The economy grew faster than expected in the third quarter and has created almost 2.8 million private- sector jobs since the labor market bottomed in early 2010.

  • Chris Rupkey on U.S. Jobs Report, Economic Outlook

    July 6 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about the June U.S. employment report. Payrolls rose 80,000 last month after a 77,000 increase in May, Labor Department figures showed in Washington. Economists projected a 100,000 gain, according to the median estimate in a Bloomberg News survey. (Source: Bloomberg)

  • Rupkey on Industrial Production, CPI, Fed Policy

    Aug. 15 (Bloomberg) -- Chris Rupkey, chief financial eonomist at Bank of Tokyo-Mitsubishi UFJ, talks about Federal Reserve monetary policy and today's reports on U.S. industrial production and consumer prices in July. Industrial production rose 0.6 percent, Fed data showed in Washington. The consumer price index was unchanged, Labor Department figures showed. The so-called core measure, which excludes more volatile food and energy costs, rose 0.1 percent. (Source: Bloomberg)

  • Fed’s $4 Trillion Rescue Helps Hedge Fund as Savers Hurt

    Deepak Narula’s mortgage-bond fund is up 39 percent this year. George Sanchez’s monthly annuity payout is down 41 percent.

  • Rising U.S. Jobless Claims May Be ‘Hiccup,’ Rupkey Says

    Rising jobless claims could be “a little hiccup” for the U.S. economy, said Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ Ltd. in New York.

  • Yellen Seeking New Low-Rate Guidance Can Use Forecasts

    As Janet Yellen seeks to forge a consensus on a new strategy for communicating the Federal Reserve’s intention to keep rates low, she can reach for a six- year-old tool: the Fed’s quarterly forecasts.

  • Chris Rupkey on U.S. October Jobs Report

    Nov. 2 (Bloomberg) -- Chris Rupkey, chief financial Economist at Bank of Tokyo-Mitsubishi UFJ, talks about the U.S. October jobs report and the outlook for the economy. In the last jobs report before next week’s election, a net 171,000 workers were added to payrolls after a 148,000 gain in September that was more than first estimated, Labor Department figures showed today in Washington. (Source: Bloomberg)

  • Chris Rupkey on U.S. Consumer Confidence

    June 26 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about U.S. consumer confidence for June and outlook for the economy. The Conference Board’s consumer confidence index dropped for a fourth straight month to 62 from a revised 64.4 in the prior month. (Source: Bloomberg)

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