| Today's Economy
Economic Roundup: More Than Meets the Eye Core CPI overstates acceleration in U.S. inflation. ECB dovish, but central bank was divided. Less Fizzle to U.S. Core CPI’s Recent Sizzle The medical care CPI is unreliable given the low response rate. Europe Daily Briefing: The ECB Goes All Out Barring a serious economic downturn, we don't expect the bank to cut rates further this year. Asia-Pacific Daily Briefing: Japan's Modest Investment Outlook Malaysia's central bank expectedly kept the policy rate at 3%. » VIEW MORE TODAY'S ECONOMY
Commentary
Evaluating Senator Warren's Social Security Reform Plan The proposal addresses the system's financial challenges while substantially increasing benefits. Road to Recession: A Perfect Storm A combination of events rather than a single one could cause enough damage to trigger a downturn. Spending Growth Contradictions in 2018 The weakness shown in the Consumer Expenditure Survey contrasts with retail and personal expenditure data. Mostly Positives for U.S. Households in 2018 Poverty fell as median household income inched higher, but health coverage shrank. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Aug. 2019:
Germany
Consumer Price Index
Aug. 2019: 1.4%
German headline inflation decelerated to 1.4% y/y in August, from 1.7% in July. France
Consumer Price Index
Aug. 2019: 1.3%
France's EU-harmonized inflation rate held steady at 1.3% y/y in August. Euro Zone
Industrial Production
Jul. 2019: -0.4%
Euro zone industrial production disappointed again in July, falling 0.4% m/m and building on a 1.4% drop in June. Euro Zone
Monetary Policy
Sep. 2019: 0.0%
The European Central Bank went all out during its September meeting. India
Consumer Price Index
Aug. 2019: 3.21%
India's CPI inflation ticked up to 3.2% y/y in August, from 3.1% in July. India
Industrial Production
Jul. 2019: 4.3%
India’s industrial production for July exceeded expectations and came in at 4.3% y/y, an improvement from June’s 1.2% but below May’s 4.6%. United States
Jobless Claims
September 07: 204,000
Hurricane Dorian may have depressed initial jobless claims in the week ended September 7. United States
Consumer Price Index
Aug. 2019: 0.1%
The recent firming in U.S. inflation won’t prevent the Fed from cutting rates in September or October, but it does reduce the odds of a cut in December. Canada
New Housing Price Index
Jul. 2019: -0.4%
The housing market took a step back in July as the new housing price index retreated. United States
St. Louis Fed Financial Stress Index
September 06: -1.3
Financial market stress decreased in the week ended September 6, the third straight weekly decline. United States
Natural Gas Storage Report
September 06: 78 bil cubic feet
The increase in natural gas inventories was slightly under analyst expectations, which will have a brief positive impact on prices. United States
Treasury Budget
Aug. 2019: -$200.3 bil
The federal government has incurred a cumulative budget deficit of $1.067 trillion in the first 11 months of fiscal 2019, compared with $898.1 billion over the same period last fiscal year. Argentina
Consumer Price Index
Aug. 2019: 54.5%
The Argentine statistics office’s national consumer price index increased 4% in August, up from 2.2% in the previous month and 3.9% a year earlier. » VIEW MORE ECONOMIC INDICATORS | 