• May 26, 2023

    High points for economic data scheduled for May 29 week

    The May 29 week starts with the Memorial Day observance on Monday when US debt and equity markets are closed. The four-day workweek has a concentration of economic reports related to the labor market. However, […]

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  • May 24, 2023

    Podcast – An issue with services

    The global economy may have cooled but service sector activity is still firm and with unemployment so low, just modest growth can support upside pressure on wages and inflation. Even putting the U.S. debt limit debacle aside, the outlook for interest rates is far from clear-cut.

  • May 21, 2023

    High points for economic data scheduled for May 22 week

    The minutes of the FOMC meeting of May 2-3 will be released on Wednesday at 14:00 ET. In the immediate wake of the FOMC statement there was optimism that Fed policymakers were leaning toward a […]

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  • May 14, 2023

    High points for economic data scheduled for May 15 week

    The pivotal piece of data in the May 15 week should be the release of retail and food services sales for April at 8:30 ET on Tuesday. As the earliest data for the second quarter […]

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  • May 8, 2023

    Fed senior loan officer survey reflects tighter conditions, less demand

    The April senior loan officer opinion survey on bank lending practices was presented to Fed policymakers at the May 2-3 FOMC meeting. It shows tighter standards and weaker demand for commercial and industrial loans (C&I) […]

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  • May 8, 2023

    May BoE MPC Preview: Inflation surprises sustain upside pressure on interest rates

    With the central bank committed to getting inflation back on target and the global banking sector looking a good deal more stable, the latest developments in consumer prices suggest that yet another monetary tightening this […]

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