Today's Economy Economic Roundup: BoE Is Off the Hot Seat June CPI significantly reduces the odds that the BoE will raise rates in August. Consumer Price Data Give the BoE a Breather We still expect inflation to average 2.8% over 2017 and peak at 3% by the fourth quarter. U.S. Core Goods Prices Should Firm China remains a wild card. Economic Briefing: Aussie Central Bank Ponders The aussie surged after the central bank thought about the neutral monetary policy rate. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Macro Outlook: Almost Boring The expansion is 8 years old, and growth remains remarkably stable. U.S. Chartbook: Sales Slow, Prices Pause, Stockpiles Swell Tepid consumer data reverberate up production pipeline. U.K. Chartbook: Q2 Growth Will Fail to Gain Pace The lower pound has proved a curse, not a blessing Macro Roundup: India’s Disinflation Could Lead to Rate Cuts Monetary easing is likely as consumer price inflation decelerated to record lows. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone Credit Conditions 2017Q3: -3.4% Credit conditions eased further in the second quarter, with the net percentage of banks reporting tighter credit for corporations at -3.4% in the three months to June, following -1.7% in the previous quarter. United Kingdom Consumer Price Index Jun. 2017: 2.6% The U.K.’s CPI fell short of consensus expectations and stepped back to 2.6% in June, from 2.9% in May, as price growth held steady in monthly terms. Germany ZEW Indicator of Economic Sentiment Jul. 2017: 17.5 Investor confidence in Germany retreated further at the start of the third quarter, sliding to 17.5 from 18.6 in June. United States Import and Export Prices Jun. 2017: -0.2% As expected, import prices inched lower in June. United States NAHB Housing Market Index Jul. 2017: 64 Homebuilder sentiment retrenched slightly in July to 64, but the index is still resting in the mid-60s, suggesting the national housing market is well-positioned for growth over the coming months. United States Moody’s Analytics Policy Uncertainty Index July 14: 103.5 Policy uncertainty remains elevated and is unlikely to improve noticeably soon. United States Treasury International Capital Flows May. 2017: $91.9 bil Net long-term inflows surged in May following a modest tally in April. » VIEW MORE ECONOMIC INDICATORS |