Today's Economy Economic Roundup: Fed Follows Through With Year-End Rate Hike The U.S. central bank raised the target range for the fed funds rate to 1.25% to 1.5%. U.K. Labour Market Likely Already Peaked Employment fell in October while wage growth was weak, easing pressure on the BoE. Economic Briefing: Waiting for 2018 Policy Clues Global hiring intentions remain positive for 18Q1, according to the latest Manpower survey. Economic Roundup: Implications of GOP Tax Plans Show Up in the Data Prospects for a tax overhaul are raising small-business optimism, but maybe too much so. » VIEW MORE TODAY'S ECONOMY
Commentary Netherlands Outlook: Firing on All Cylinders Exports powered the Dutch through 2017, but there is uncertainty around Brexit. U.S. Chartbook: Labor Market in Fine Form Both manufacturing and nonmanufacturing continue to expand, but trade will weigh on growth. Europe Outlook 2018: On Solid Footing Economic growth will ease from this year’s strongest expansion in a decade. Global Outlook: On Guard for Missteps Strong trade and supportive fiscal policies will benefit growth, but political risks mount. » VIEW MORE COMMENTARY
Today's Economic Indicators
World Moody's Analytics Global CPI Nov. 2017: 0.4% Global inflation has firmed, boosted by higher energy prices. United Kingdom Manpower Employment Outlook Survey 2018Q1: 16% Global hiring intentions remain positive for the first quarter of 2018. United States Manpower Employment Outlook Survey 2018Q1: 16% Global hiring intentions remain positive for the first quarter of 2018. Germany Consumer Price Index Nov. 2017: 1.8% Germany's annual national measure of inflation accelerated to 1.8% in November, seasonally adjusted. Italy Industrial Production Oct. 2017: 0.5% Italy’s industrial production reversed previous losses and expanded by 0.5% m/m in October, in line with our forecasts. United Kingdom Unemployment Nov. 2017: 4.3% As expected, the U.K. jobless rate held at 4.3% in the October quarter, its lowest since 1975. Euro Zone Industrial Production Oct. 2017: 0.2% Euro zone industrial production rose by 0.2% m/m in October, only a little above our expectations of a 0.1% increase, while September’s decline was revised up to 0.5%, from 0.6% previously. Brazil Retail Sales Index Oct. 2017: 2.5% Brazil’s retail sales continued to advance, although more moderately, as the economy and employment recover. United States MBA Mortgage Applications Survey December 08: -2.3% Mortgage applications decreased last week while interest-rate movements were mixed. United States Consumer Price Index Nov. 2017: 0.4% Stripping out the volatile energy and food prices, the U.S. consumer price index was weaker than expected in November, but it won’t stop the Federal Reserve from raising interest rates later today. United States Tech Pulse Nov. 2017: 86.1 The U.S. tech sector continues its impressive run. United States Oil Inventories December 08: 443.0 mil barrels Crude oil inventories decreased by 5.1 million barrels in the week ended December 8, exceeding expectations of a 3.3-million barrel fall. United States FOMC Monetary Policy Dec. 2017: 1.25 - 1.50% As widely expected, the Federal Open Market Committee raised the target range for the fed funds rate by 25 basis points to 1.25% to 1.5%. Argentina Employment Situation 2017Q3: 8.3% Unemployment According to Indec’s new labor market survey, the national unemployment rate averaged 8.3% in the third quarter, compared with 8.5% a year earlier (figures are not seasonally adjusted). Japan Industrial Production Oct. 2017: Australia Employment Situation Nov. 2017: China Fixed Asset Investment Nov. 2017: China Industrial Production Nov. 2017: China Retail Sales Nov. 2017: » VIEW MORE ECONOMIC INDICATORS |