Today's Economy Brainard Dashes Hopes of a Fed Pause in 2019 Her comments highlighted the often overlooked difference between the short- and long-term equilibrium fed funds rates. Europe Daily Briefing: A Bad Summer for Euro Zone's Factories Industrial production may rally in the second half of the year, but it won't be much to celebrate. Asia-Pacific Daily Briefing: Points for Effort, Not Results South Korea's labour market is weak despite various government initiatives. Profits Growth Facilitates Deleveraging of Corporate Balance Sheets The ongoing relatively strong performance by small-business sales has been striking. » VIEW MORE TODAY'S ECONOMY
Commentary Economies at Risk From Hurricane Florence A large U.S. population and key trade arteries are in the hurricane's path. Survey Confirms Faster Spending Growth in 2017 The Consumer Expenditure Survey paints a picture of strong household spending growth but lower income. Road to Recession: Boom Phase Under Way The U.S. economy is in good shape and remains in a mid-cycle expansion. U.S. Chartbook: The Fed Gets the Green Light Strong U.S. job growth and firming wage growth support the plan to raise rates this month. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Consumer Price Index Aug. 2018: 2.2% Spain’s headline inflation printed at 2.2% in yearly terms in August, the same rate as in July and a touch above the European Central Bank's target. Italy Industrial Production Jul. 2018: -1.8% Italy’s industrial production disappointed in July, declining 1.8% m/m after a 0.3% gain in June. Euro Zone Industrial Production Jul. 2018: -0.8% Euro zone industrial production plunged by 0.8% m/m in July, building on a similar decline in June, well below the consensus for a smaller drop. United States MBA Mortgage Applications Survey September 07: -1.8% Mortgage applications were down again last week, as most interest rates rose. India Consumer Price Index Aug. 2018: 3.7% India's consumer price inflation decelerated in August thanks to a drop in food inflation. India Industrial Production Jul. 2018: 6.6% India's industrial production rose in July thanks to a broad-based pickup in manufacturing. Canada Industrial Capacity Utilization 2018Q2: 85.5% A large increase in capacity utilization in the mining, quarrying, and oil and gas extraction industry powered a sizable increase in the overall measure of industry capacity utilization. United States Producer Price Index Aug. 2018: -0.1% U.S. producer prices have cooled over the past couple of months, but that doesn’t alter our assessment of underlying inflationary pressures. United States Tech Pulse Aug. 2018: United States Oil Inventories September 07: 396.2 mil barrels A larger than expected decline in crude oil inventories will put upward pressure on prices. United States Beige Book Sep. 2018: The Federal Reserve’s September Beige Book, tracking economic activity through the end of August, indicates that economic activity expanded at a moderate clip. United States CreditForecast.com Household Credit Report Aug. 2018: 3.92% Total U.S. household lending experienced its fifth consecutive month of growth, hitting $69 million or 0.54% in growth. Japan Machinery Orders Jul. 2018: Australia Employment Situation Aug. 2018: » VIEW MORE ECONOMIC INDICATORS |