Today's Economy Economic Roundup: Looking Ahead The economic calendar is light at the start of the week but will pick up with eyes fixed on Powell's speech at Jackson Hole on Friday. Inside Economics Podcast: Episode 177—Groceries and Gouging What do higher profit margins imply in the current economy? Credit Market View: September Fed Rate Cut All but Certain The bigger question is whether stress signals from the U.S. labor market between now and then would force the Fed to cut by 50 basis points rather than 25. Europe Daily Briefing: Slow Start We look forward to HICP, PMI, and negotiated wage data due later this week. » VIEW MORE TODAY'S ECONOMY
Commentary Stress-Testing States: Looking Toward the Next Recession At least 36 U.S. state governments have the cash balances needed to weather at least a moderate downturn, with five more within striking distance. U.S. Chartbook: Have a Little Confidence The latest CPI report set the stage for a September rate cut, but sentiment remains poor. Global Outlook: In the Nick of Time For a world economy wracked by higher rates, monetary easing will arrive just in time. China Risk Matrix: Shaky Growth Economic growth is uneven, largely because households are reluctant to spend. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Foreign Trade Jul. 2024: MYR6.4 bil Malaysia’s trade surplus fell to MYR6.4 billion in July from MYR14.3 billion in June. Chile GDP 2024Q2: 1.6% y/y Chile’s economy disappointed in the second quarter as activity lost traction after a significant rebound in the previous quarter. World Moody's Analytics Global CPI Jul. 2024: 0.5% m/m The Moody’s Analytics estimate of worldwide consumer prices increased 0.5% month over month in July, adding to a 0.3% increase in June. World Moody's Analytics Survey of Business Confidence August 16: 17.3 Global businesses are upbeat. United States Internet Sales (E-Commerce Sales) 2024Q2: $291.6 bil E-commerce sales continued to edge forward in the second quarter, totaling $291.6 billion. United States Conference Board Leading Indicators Jul. 2024: -0.6% The Conference Board Leading Economic Index plummeted in July. South Korea Consumer Sentiment Index Aug. 2024: New Zealand Foreign Trade Jul. 2024: China Monetary Policy Aug. 2024: » VIEW MORE ECONOMIC INDICATORS |