Today's Economy Economic Roundup: Inflation Relief The market selloff continued as President Trump issued fresh tariff threats. Europe Daily Briefing: Tit-for-Tat Trade tensions rise as the U.S. threatens a 200% tariff on EU wine. Why the Bank of Japan Will Stand Pat Next Week Jittery financial markets and a poor run of data may keep the central bank on hold until midyear. LatAm Daily Briefing: Goodbye Expansion, Welcome Moderation After three strong quarters, Brazil's economic growth in the final three months of last year was dragged lower by slowdowns in industry and services. » VIEW MORE TODAY'S ECONOMY
Commentary Euro Zone Risk Matrix: Examining the ECB Policy Balance There is a declining likelihood of the central bank holding interest rates at an overly restrictive level. China Revs Up Fiscal Spending Xi’s biggest budget deficit could grow if headwinds strengthen. U.S. Household Debt Tracker: Is It as Bad as It Looks? The federal government has resumed reporting late student loan payers to the credit bureaus. Global Outlook: On Unsteady Ground The world economy looks increasingly fragile, and it would not take much to tip it over. » VIEW MORE COMMENTARY
Today's Economic Indicators
Sweden Consumer Price Index Feb. 2025: 1.3% y/y Sweden’s CPI inflation rate increased to 1.3% y/y in February from 0.9% in December. Euro Zone Industrial Production Jan. 2025: 0.8% m/m The euro zone’s industrial production recovered by 0.8% m/m in January from December’s upwardly revised 0.4% decline. Ireland Consumer Price Index Feb. 2025: 1.8% y/y Inflation in Ireland dipped slightly in February, dropping to 1.8% from 1.9% in January. Mexico Industrial Production Jan. 2025: -2.9% y/y The national industry weakened further in January, reporting another annual contraction dragged by mining, construction and manufacturing. United States Producer Price Index Feb. 2025: 0.0% m/m U.S. producer prices held steady in February, and January’s figure was revised up from 0.4% to 0.6%. World Moody's Analytics Global CPI Feb. 2025: 3.9% y/y The Moody’s Analytics estimate of global CPI inflation eased to 3.9% y/y in February from 4.4% in January. Canada Building Permits Jan. 2025: -3.2% m/m In January, Canada's total building permit value fell 3.2% to $12.8 billion, with Ontario experiencing the largest drop, while New Brunswick saw the most significant increase. United States Jobless Claims March 08: 220,000 U.S. initial claims for unemployment insurance remain surprisingly steady. India Foreign Trade Feb. 2025: United States Quarterly Services Survey 2024Q4: 1.1% q/q In the fourth quarter, revenue growth in U.S. service industries slowed considerably. United States St. Louis Fed Financial Stress Index March 07: -0.36 The St. United States Natural Gas Storage Report March 07: -62 bil cubic feet Last week’s decline in natural gas inventories exceeded analyst predictions, which could provide more upward momentum for prices. Canada RPS House Price Index Feb. 2025: United States Financial Accounts - Households 2024Q4: $169.36 tril Household wealth inched up to a record high in the fourth quarter as equity prices rose again, lifting the value of financial assets. United States Financial Accounts - Nonfinancial Corporate 2024Q4: $33.04 tril Nonfinancial corporations' wealth declined in the fourth quarter. » VIEW MORE ECONOMIC INDICATORS |