| Today's Economy
Economic Roundup: Fed Still Working on Its Communication A change is still likely in September, but the Fed is not warming to yield curve control. LatAm Daily Briefing: Recession and Rebound in Chile Despite the persistence of the pandemic, economic activity will rejuvenate through the rest of the year. Preliminary U.S. Employment Revisions Signal Lower Job Totals The impact of the revision is clouded by the magnitude and timing of the COVID-19 crisis. More Pain for Lower-Skilled Workers Crisis job losses were worse for lower-skilled U.S. workers; the recovery may be as well. » VIEW MORE TODAY'S ECONOMY
Commentary
Japan Risk Matrix Update: Deep in Recession The economy also continues to battle its own unsettled COVID-19 health crisis. Australia Used-Vehicle Prices Soar Costs for used vehicles have increased 30.8% since April lows and are 16.2% higher than pre-pandemic prices. U.S. Chartbook: Still on the Mend, but... High COVID-19 case numbers continue to dampen the economy. This Week in the COVID Crisis Lawmakers must act; the economy has already fallen off the proverbial fiscal cliff. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Monetary Policy
Aug. 2020:
United Kingdom
Consumer Price Index
Jul. 2020: 1.0%
U.K. Euro Zone
Consumer Price Index
Jul. 2020: 0.4%
Final numbers confirmed that euro zone inflation rose to 0.4% y/y in July from 0.3% in June. United States
MBA Mortgage Applications Survey
August 14: -3.3%
Mortgage applications dropped by 3.3% over the week of August 14, after a 6.8% increase in the previous week. Canada
Consumer Price Index
Jul. 2020: 0.1%
Prices barely avoided re-entering deflationary territory in July as a broad-based weakening unfolded. Canada
Wholesale Trade
Jun. 2020: 18.5%
Wholesale sales' recovery accelerated in June, jumping 18.5% to C$62.1 billion, following a 5.8% gain in May. United States
Quarterly Services Survey
2020Q2:
The advance estimates for services revenue during the second quarter of 2020 show the extent of the COVID-19 pandemic's impact on the economy. United States
Moody’s Analytics Policy Uncertainty Index
August 14: 214.6
The four-week moving average in our U.S. policy uncertainty index slipped from 219.1 to 214.6 in the week ended August 14. United States
Oil Inventories
August 14: 512.5 mil barrels
A smaller-than-expected decline in oil inventories will put downward pressure on oil prices. United States
FOMC Minutes
Jul. 2020:
The minutes from the July 28-29 meeting of the Federal Open Market Committee show the central bank is moving closer to adjusting its forward guidance and also suggest support for yield curve control is still lacking. » VIEW MORE ECONOMIC INDICATORS | 
