Today's Economy Economic Roundup: Housing Construction Dips Uncertainty puts homebuilders on shaky ground. Europe Daily Briefing: Doves Retake the Wheel The European Central Bank shifted back into easing mode. Asia-Pacific Daily Briefing: BoK Holds Interest Rates Amid Global Uncertainty We expect one more rate cut in 2025, likely in May. Economic Roundup: Fed in a Bind U.S. tariffs present a challenge for the Fed in achieving its dual mandate. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Household Debt Tracker: Student Loans Under Pressure After the recent pause on late-payment reporting, those who opted to delay making payments were caught flat-footed when those policies expired. Asia-Pacific Weekly Highlights and Preview, 17 April 2025 U.S. tariff threats will likely stay BI's hand and could impact South Korea's Q1 GDP. U.S. Consumer Behavior in a Recession Households respond to recessions by cutting discretionary big-ticket expenses, but details vary with each downturn. U.S. Road to Recession: Rising Uncertainty While forward-looking indicators have fallen, the real economy appears to be holding up. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada International Transactions in Securities Feb. 2025: -C$6.5 bil F Euro Zone Monetary Policy Apr. 2025: 2.4% Surprising no one, the European Central Bank proceeded with another cut during its April meeting, strongly nudged by U.S. United States Jobless Claims April 12: 215,000 U.S. initial claims for unemployment insurance remain low and stable. United States Philadelphia Fed Survey Apr. 2025: -26.4 April’s Manufacturing Business Outlook Survey from the Philly Fed took a sharp turn downward. United States New Residential Construction (C20) Mar. 2025: 1.324 mil, SAAR U.S. homebuilding slowed more than anticipated in March. United States St. Louis Fed Financial Stress Index April 11: 0.55 The St. United States Natural Gas Storage Report April 11: 16 bil cubic feet Last week’s increase in natural gas stocks fell shy of analyst predictions, which could give prices a bit of a lift. Japan Consumer Price Index Mar. 2025: » VIEW MORE ECONOMIC INDICATORS |