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 [...]

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) [...]

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.