Today's Economy Economic Roundup: U.S. Inflationary Pressures Broaden, Putting Pressure on Fed U.S. CPI was up 0.4% in September but it wasn't the reopening of the economy or vehicles this time. Capital Market View: Pressure Building on Fed Markets are pricing in an earlier liftoff as September CPI comes in hotter than anticipated. CPI Doesn’t Cut Into Q3 U.S. GDP Index components not directly related to the economy's reopening pushed consumer prices higher in September. The Fed's Big Headache: Energy Prices The impact on U.S. inflation is transitory, but the central bank can go to that well only so many times. » VIEW MORE TODAY'S ECONOMY
Commentary Global Vaccine Tracker: Inoculating Supply Chains Harmonization of border protocols and increased vaccination of essential travel workers are a must if the logistics and transportation industry is to forge ahead. U.S. Weekly Highlights and Preview, October 11, 2021 Some of the weakness in September's employment report is misleading; expect improvement for October. Japan Risk Matrix Update: Outlook Remains Challenging More infectious variants of the coronavirus may yet prompt a return to restrictions. India Risk Matrix: Factors Support Recovery Spoilers to watch for include rising commodity prices and energy shortages. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Consumer Price Index Sep. 2021: 4.1% y/y Headline inflation ticked up faster in September as the pace of CPI growth accelerated to 4.1%, up 20 basis points from the prior month. United Kingdom Monthly GDP Aug. 2021: 0.4% m/m U.K. Euro Zone Industrial Production Aug. 2021: -1.6% m/m Euro zone industrial production contracted by 1.6% m/m this August, canceling out July's 1.4% gain. Portugal Consumer Price Index Sep. 2021: 1.5% The Portuguese CPI remained at 1.5% y/y in September while core inflation, which excludes unprocessed food and energy, stood at 0.9% y/y, also the same rate as August. United States MBA Mortgage Applications Survey October 08: 0.2% Mortgage applications inched up 0.2% in the week of October 8, following a steep decline of 6.9% the week before. United States Consumer Price Index Sep. 2021: 0.4% m/m The U.S. consumer price index rose more than anticipated September, and there could be even larger increases over the next couple of months because of the recent jump in energy prices. United States Moody's Analytics Inflation Expectations Pulse October 10: 2.49% Inflation expectations held flat in the week ended October 10, according to the Moody’s Analytics Inflation Expectations Pulse. Singapore GDP - Advanced 2021Q3: United States FOMC Minutes Sep. 2021: The minutes from the September meeting of the Federal Open Market Committee mentioned that the first reduction in its $120 billion in monthly asset purchases could occur in November or December. Chile Monetary Policy Oct. 2021: Japan Industrial Production Aug. 2021: Australia Employment Situation Sep. 2021: China Consumer Price Index Sep. 2021: China Producer Price Index Sep. 2021: » VIEW MORE ECONOMIC INDICATORS |