Today's Economy Economic Roundup: Wall Street's Wild Ride Might Continue With Attention on FOMC The Fed meeting will be the focus, but there are a ton of U.S. economic data coming. LatAm Daily Briefing: Mexico’s Energy Reform Effects Manufacturing in the country seems poised to lose out. Capital Market View: FOMC Set to Tee Up Rate Hikes Soon The Fed will open the door for a rate hike in March, with a balance sheet runoff shortly thereafter. Europe Daily Briefing: PMIs Fall Slightly Falling service readings outweighed higher manufacturing readings. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, January 24, 2022 We expect the FOMC to use its January meeting to tee up the potential for the first increase in the target fed funds rate as early as March. U.S. Credit Outlook: Loan Volumes Push Higher Mortgage and auto balances have increased by more than 15% and 10%, respectively, since February 2020. U.S. Chartbook: Housing Market in Focus With homebuilder confidence solid, starts and permit issuance improved in December. What's Driving Inflation: Europe vs. U.S. Durable goods consumption is creating more price pressure in the U.S. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Consumer Price Index Dec. 2021: 4% y/y Singapore’s headline inflation continued to soar above expectations, surging by 4% y/y in December from the previous 3.8% increase. Taiwan (China) Industrial Production Dec. 2021: 10% A strong first half of the year pushed Taiwan’s industrial production growth for 2021 to 13.2% despite only growing 10% year on year in December, slightly below our expectations. United States Chicago Fed National Activity Index Dec. 2021: -0.15 The Chicago Fed National Activity Index fell to -0.15 in December, down from an upwardly revised 0.44 in November, suggesting the U.S. economy softened in December. World Moody's Analytics Survey of Business Confidence January 21: 2.1 Global business sentiment tumbled sharply last week, as surging Omicron COVID-19 infections are weighing heavily on confidence. Australia Consumer Price Index 2021Q4: » VIEW MORE ECONOMIC INDICATORS |