Today's Economy Economic Roundup: U.S. Core CPI Posts Largest Drop Since the Early 1980s This could quiet but not end the hawkish Fed rhetoric. LatAm Weekly: Oil Prices on the Rise The region's ability to respond varies by country. Canada Weekly: Rate Hikes Expected in Q3 Policymakers are absorbing a streak of good data, reflected in their decision to raise GDP projections. Economic Briefing: U.S. Consumers Tightened Purse Strings in March Weather was likely a small negative for spending; vehicle sales were a big drag. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, 14 April, 2017 We expect weather to have weighed on housing starts in March. Macro Roundup: Steady Inflation Pressures Across Asia’s Powerhouse Economies Low food inflation has curbed consumer prices, while commodity prices drive producer inflation. Commodity Outlook: OPEC's Cuts Are Working The oil production cuts have boosted prices; will they be extended? Macro Roundup: Trade Drowns Under Wave of Protectionism The U.K. exit from the EU and the policies of the Trump administration hardly herald a new turn. » VIEW MORE COMMENTARY
Today's Economic Indicators
World Moody's Analytics Global CPI Mar. 2017: 0.2% The reflation in developed economies took a step back in March but we still believe the case for an acceleration remains compelling. United States Consumer Price Index Mar. 2017: -0.3% U.S. consumer prices took a step back in March, but we believe the case for stronger inflation through the remainder of this year remains strong. United States Retail Sales Mar. 2017: -0.2% Retail sales data were weak in March. United States Business Inventories (MTIS) Feb. 2017: 0.3% The inventory build is maintaining momentum, though first quarter growth is proving modest after a strong showing at the end of last year. United States ECRI Weekly Leading Index April 07: 145.2 The U.S. expansion remains intact, supported by strong business and consumer sentiment, but gains will likely moderate as the economy approaches full employment. » VIEW MORE ECONOMIC INDICATORS |