Today's Economy Economic Roundup: Fed, Bond Market Not Seeing Eye to Eye The market is worried about inflation, while the Fed is eyeing disinflation. LatAm Daily Briefing: Mexico's Job Losses Stretched Into July The economy is growing, but the labor market is not yet on the mend. Fears of Inflation in U.S. Are Premature Neither the Fed's balance sheet nor rising government debt will lead to inflation. Europe Daily Briefing: Germany's Long-Awaited Q2 GDP Details The third quarter should be better, but even so GDP won't recover fully for some time. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. COVID-19 Tracker Update: Game Changers What's next as direct relief to the economy under the CARES Act has practically ground to a halt? U.S. Chartbook: Looking for a Spark New data indicated that the economy’s performance did not deteriorate further, nor did it improve materially. U.S. Consumers Are Saving An upside risk to the outlook is that the money saved during the pandemic is spent. This Week in the COVID Crisis U.S. unemployment, appropriately measured, will end the year at 9.5%. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Chicago Fed National Activity Index Jul. 2020: 1.18 The Chicago Fed National Activity Index moderated in July after months of sharp upticks. World Moody's Analytics Survey of Business Confidence August 21: -16.2 Global businesses remain highly anxious, much as they have since the pandemic struck six months ago. Argentina Retail Sales Index Jun. 2020: -96.5% The index that tracks nominal sales at Buenos Aires’ largest shopping centers was down 96.5% y/y in June after falling 97.2% y/y in the previous month. South Korea Consumer Sentiment Index Aug. 2020: » VIEW MORE ECONOMIC INDICATORS |