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 [...]
The main points of interest in the May 8 week for the US are likely to be the cluster of reports on inflation – CPI on Wednesday, PPI on Thursday, and import prices on Friday [...]
With inflation still misbehaving and the global banking sector at least more stable, market expectations are for yet another hike in key ECB interest rates this week. However, in line with the March meeting, a [...]
While the May 1 week starts off the month with plenty of data on the calendar, there are only two things likely to keep market attention.First, the FOMC meeting on May 2-3 is expected to [...]
The April 24 week will see an absence of Fed speakers during the communications blackout period around the May 2-3 FOMC meeting. The period begins at midnight on Saturday, April 23 and runs through midnight on Thursday, May 4.
On Monday, April 24, the Census Bureau issued annual revisions to the retail sales data. The revisions stretch back through 2010 but with negligible differences over most of that time. They are, however, more noticeable starting in 2021.
If the 35.4 point rise in the New York Fed’s manufacturing general business conditions index to 10.8 in April raised hopes of a rebound for the factory sector, the index’s counterpart in the Philadelphia Fed manufacturing business outlook survey dashed them.
There are few economic data reports with market-moving potential in the April 17 week. Strength in the housing market should not be a surprise.
The April 10 week is a fairly busy one for economic data. The standouts will be the March CPI data on Wednesday at 8:30 ET and retail and food services sales at 8:30 ET on [...]
The focus in the April 3 week will be on labor market data, just how tight employment remained at the end of the first quarter 2023 and what that means for the economic outlook and monetary policy
