Today's Economy Economic Roundup: The Economic Costs of a Railroad Strike It won't take long for this to turn into a macroeconomic event. Capital Market View: Previewing Potential Changes to Our Fed Call A new rate path implies weaker GDP growth and higher unemployment. LatAm Daily Briefing: Dominican Republic’s Regional Shine The nation’s robust economic performance and political stability stand out among its peers. Not Working on the Railroad A U.S. rail worker strike of several weeks would have significant economic and inflation costs. » VIEW MORE TODAY'S ECONOMY
Commentary Student Loan Plan Makes a Splash, but Macroeconomic Ripple Is Small The U.S. president's plan will have only a marginal effect on growth and inflation in 2023. Inflation Prevented Gains in U.S. Household Income in 2021 The poverty rate held nearly steady. APAC Chartbook: Is Monetary Policy Working? Central banks are hiking rates as prices rise. U.S. Weekly Highlights and Preview, September 12, 2022 Odds rise for a 75-basis point rate hike. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland Consumer Price Index Aug. 2022: 7.6% y/y Finland’s annual inflation rate moderated slightly in August, decelerating to 7.6% year over year from 7.8% in July on the back of a milder rise in petrol prices. Sweden Consumer Price Index Aug. 2022: 9.8% y/y Sweden’s year-on-year inflation rate accelerated to 9.8% y/y in August from 8.5% in July. Hong Kong SAR (China) Industrial Production Apr. 2022: 2.7% y/y Hong Kong's industrial production increased by 2.7% year over year in the second quarter of 2022, following a 1.2% year-over-year contraction in the prior quarter. United Kingdom Consumer Price Index Aug. 2022: 9.9% y/y CPI inflation was 9.9% in August, down from 10.1% in July, confounding the consensus expectation of a rise to 10.2%. Euro Zone Industrial Production Jul. 2022: -2.3% m/m Industrial production in the euro zone slumped by 2.3% m/m in July after it rose by 1.1% in June—a much weaker result than we had expected. United States MBA Mortgage Applications Survey September 09: -1.2% Mortgage application volume has fallen for six consecutive weeks, declining 1.2% in the week ended September 9. Brazil Retail Sales Index Jul. 2022: -5.2% y/y Brazil’s retail sales contracted in July. Canada Survey of Manufacturing Jul. 2022: -0.9% m/m Manufacturing sales continued their slide for the third consecutive month. United States Producer Price Index Aug. 2022: -0.1% m/m The U.S. India Foreign Trade Aug. 2022: -US$28.0 bil India’s merchandise trade deficit decreased in August, falling to $28 billion from $30 billion in the previous month. United States Moody’s Analytics Policy Uncertainty Index September 09: 352.0 4-wk MA The four-week moving average in our U.S. World Moody's Analytics Global CPI Aug. 2022: 0.5% m/m Moody’s Analytics estimate of global inflation accelerated further to 11.9% y/y in August from 11.7% in July. United States Oil Inventories September 09: 429.6 mil barrels Oil inventories increased last week and were 2.9% higher than a year earlier. Canada RPS House Price Index Aug. 2022: 13.8% y/y Argentina Consumer Price Index Aug. 2022: 78.5% y/y The statistics office’s national consumer price index increased 7% m/m in August, compared with 2.5% a year earlier. New Zealand GDP 2022Q2: Japan Foreign Trade Aug. 2022: Australia Employment Situation Aug. 2022: » VIEW MORE ECONOMIC INDICATORS |