Today's Commentary Economic Roundup: U.S. Consumer Puts a Dent in Q1 GDP Q1 GDP now tracking 0.8% at an annual rate. U.S. Consumers Turn Frugal Real spending rose in February but January was revised lower, putting a dent in Q1 GDP. Economic Briefing: Asian Markets Open on a High A weaker yen supported Japanese equities. View More Analysis Insight on Critical Issues U.S. Chartbook: Profit Pain The fourth quarter wasn't kind to corporate profits but the economic costs should be small, for now. U.S. Weekly Highlights and Preview, March 25, 2016 The job market could force the Fed's hand. Latin America Economic Preview: 28 March-1 April Argentina probably entered recession in 2015. Asia-Pacific Economic Preview: 28 March-1 April Japan faces tough conditions at home and abroad. View More Analysis Today's Releases View More Releases Survey of Business Confidence Latest: 30.7 The wild swings in global financial markets have buffeted business confidence. Sentiment fell with the markets through early this year but, like the markets, has firmed in recent weeks. Recent responses to all of the survey questions have taken on a brighter hue. And despite the decline in confidence in recent months, in a broader historical context, business sentiment is good and consistent with an economy that is expanding at the high end of its potential. View Full Analysis Reader's Choice U.S. Consumer Outlook: Supports for Spending Shift Real spending growth will reaccelerate, but supports will be different from last year. U.S. Employment Outlook: High-Skilled Workers Face Hurdle Weakening R&D intensity stifles job creation among skilled workers in productive industries. U.S. Chartbook: How Data-Dependent Is the Fed? The turn in core inflation should stick, but the Fed does not seem so sure. A More Promising Road to GSE Reform Reforming Fannie Mae and Freddie Mac is critical. The Economics of Japan's Negative Bond Yields At their current levels, negative rates and yields are unlikely to spur inflation.
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