Today's Economy Economic Roundup: U.S. Inflation Muted but Not Dormant Services inflation is being supported by a strong domestic economy. Coronavirus Tracker: Taking a Heavy Toll on China Cities are in lockdown, businesses are disrupted, and consumers are forced to stay home. LatAm Daily Briefing: Coronavirus Fears Weaken Currencies Don't expect these central banks to tighten their monetary policies in the near term. Europe Daily Briefing: New Chancellor, Less Pressure on the BoE Under the new chancellor, fiscal policy will become more expansionary in 2020. » VIEW MORE TODAY'S ECONOMY
Commentary 2020 Election Tracker Update: Trump Impeachment Boost? Our results are more favorable to the incumbent president than ever before. China Outlook: Virus Headwinds After an economic slowdown in 2019, the coronavirus outbreak looks to further impede growth. Mexico Under the Fed’s Severe Recession Scenario In the hypothetical case, the country would suffer greatly from a U.S. downturn. Trump’s Fiscal 2021 Budget: Big Proposals, Little Chance The wish list provides some insight into a potential second term. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Consumer Price Index Jan. 2020: 1.7% German consumer price inflation picked up to 1.7% y/y in January from 1.5% in December. United States Jobless Claims February 08: 205,000 Initial filings for unemployment insurance benefits remain low and should quell any fears about the labor market. United States Consumer Price Index Jan. 2020: 0.1% Inflationary pressures remain muted, keeping the Federal Reserve on hold for the foreseeable future. United States St. Louis Fed Financial Stress Index February 07: -1.52 Financial market stress declined for the first time in three weeks behind improving investor optimism. Colombia Industrial Production Dec. 2019: 3.2% Manufacturing output expanded 3.2% y/y in December after contracting 1.8% in the previous month. United States Natural Gas Storage Report February 07: -115 bil cubic feet The decline in natural gas stocks last week was slightly larger than market analysts were expecting, which will have a modest positive impact on prices. United States CreditForecast.com Household Credit Report Jan. 2020: 4.15% U.S. household borrowing increased in January, up $34 billion from December. The total outstanding balance of retail credit topped $13.6 trillion last month, which stands 4.1% above its level in January 2019. Argentina Consumer Price Index Jan. 2020: 52.9% The statistics office’s national consumer price index increased 2.3% in January, down from 3.7% in the previous month and 2.9% a year earlier. Mexico Monetary Policy Feb. 2020: 7.00% Mexico’s central bank reduced the interest rate again at a moderate pace in February, as core inflation remains resilient. » VIEW MORE ECONOMIC INDICATORS |