Expectations are that the FOMC will leave rates unchanged after their deliberations on September 19-20. These are unlikely to be disappointed.The FOMC is unanimous in its determination to quell inflation and bring it back to [...]

Outperformance by Canada and the US continues to offset underperformance in Japan and the Eurozone, keeping Econoday’s Relative Performance Index (RPI) just north of the zero line at plus 3 to indicate that global economic [...]

Speculation about another tightening at this week’s Monetary Policy Assessment (MPA) has eased somewhat in the wake of the recent slew of weak real economy data, sub-2 percent readings on both headline and core inflation, [...]

Facing both renewed risks of recession but also still stubbornly high inflation, the policy dilemma facing this week’s BoE MPC meeting is even more stark than ever. In August, only one dove, Swati Dhingra, broke [...]

The September 18 week includes the FOMC meeting on Tuesday and Wednesday and release of the FOMC statement and update to the Summary of Economic Projections (SEP) at 14:00 ET on Wednesday. Jerome Powell’s press [...]

For the first time in a long while, the combination of a weak real economy and slowing underlying inflation has left investors unsure about tightening prospects at this week’s ECB meeting. Forecasters are quite evenly [...]

Thanks to North America the global economy is treading right at expectations, very near the zero line at plus 3 on Econoday’s Consensus Divergence Index (ECDI) and masking significantly negative readings across much of Europe [...]

Monday is the 22nd anniversary of the terrorist attacks of September 11. It is not a federal holiday observance on the calendar. Stock and bond markets will be open. However, expect the day to have [...]

The full Senate has confirmed Governor Philip Jefferson to be the next Vice Chair of the Federal Reserve. As soon as he is sworn in, Jeffer will concurrently serve a four-year term as Vice Chair [...]

The September 4 week begins with the Labor Day observance on Monday. As a federal holiday, stock and bond markets will be closed. The holiday means some US Treasury announcements and auctions will see adjustments [...]