| Today's Economy
Economic Roundup: Sometimes the Truth Hurts Powell was transparent and hinted at some changes to the Fed's interest rate projections. Powell Shows His Cards If the U.S. economy continues to improve, the Fed chief could be on board with 4 rate hikes in 2018. Consumers Haven't Been This Happy Since the Early 2000s Sentiment can help but doesn't move the needed much on spending. Europe Daily Briefing: An Unimpressive February for Europe's Economies? Growth will remain strong despite the dip in most confidence indicators for the euro zone. » VIEW MORE TODAY'S ECONOMY
Commentary
Australia's Great Run Applying a key recession definition, the country had a downturn, rather than recession in '08-'09. U.S. Chartbook: Inflation Stirs, Fed Demurs Policymakers show little urgency to tighten, but leading price indicators are heating up. U.S. Weekly Highlights and Preview, February 23, 2018 The economic calendar heats up. Europe Weekly Highlights and Preview, 23 February, 2018 We expect confirmation of the expansions in France, Spain and Italy. » VIEW MORE COMMENTARY
Today's Economic Indicators
South Korea
Monetary Policy
Feb. 2018: 1.5%
The Bank of Korea kept the policy rate unchanged at 1.5% in February. Euro Zone
Business and Consumer Sentiment
Feb. 2018: 114.1
The euro zone's economic confidence indicator fell to 114.1 from 114.9 in February, following a similar drop in the previous months. United States
Advance Wholesale and Retail Inventories
Jan. 2018: 0.7%
The stockpile build started 2018 on a high note. United States
International Trade in Goods - Advanced
Jan. 2018: -$74.4 bil
The advance goods deficit widened further in January, presaging another large trade deficit when the final numbers are published later this month. United States
Durable Goods (Advance)
Jan. 2018: -3.7%
New orders for durable manufactured goods disappointed in January, shedding 3.7%. United States
FHFA Purchase-Only House Price Index
Dec. 2017: 6.5%
The Federal Housing Finance Agency Purchase-Only House Price Index rose 6.5% in December on a year-ago basis, which is in line with the previous month’s increase. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Dec. 2017: 6.3%
Existing-home price appreciation decelerated slightly in the three months ending in December compared with the same period in November. Mexico
Employment Situation
Jan. 2018: 3.4% Unemployment
Unemployment rebounded in January as traditionally happens because of the seasonal effect. Mexico
Trade Balance
Jan. 2018: -US$4,408 mil
The trade balance typically begins the year in negative territory, and January was no different. United States
Richmond Fed Manufacturing Survey
Feb. 2018: 28
Manufacturing conditions in the Richmond Federal Reserve District expanded at a robust pace in February. United States
Conference Board Consumer Confidence
Feb. 2018: 130.8
Consumer confidence jumped in February, improving by 6.5 points, its strongest one-month gain in almost a year. United States
Moody’s Analytics Policy Uncertainty Index
February 23: 107.4
Policy uncertainty slipped but remains elevated. China
Manufacturing PMI
Feb. 2018:
France
Job Seekers
Jan. 2018: 3.46 mil
The number of job seekers in France remained steady at 3.46 million in January. United States
Agricultural Prices
Jan. 2018: -6.2%
Agricultural prices started the year on the wrong foot, recording a 6.2% decrease from December 2017 to January 2018. Japan
Industrial Production
Jan. 2018:
Japan
Retail Sales
Jan. 2018:
United Kingdom
Consumer Confidence
Feb. 2018:
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