| Today's Economy
LatAm Daily Briefing: Red Metal, Pink Tide Left-leaning leaders, newly ascendant, have cast a radically different vision for the region’s economic future. Economic Roundup: Anticipating the Fed Powell will acknowledge taper talk but underscore “substantial further progress” before actual tapering of the Fed balance sheet. Asia-Pacific Daily Briefing: India's Consumer Prices Push Higher The central bank stayed on the sidelines at its June meeting despite inflation fears. Capital Market View: Tapering Won’t Appear in the FOMC Statement The dot-plot will show a 2023 rate hike, and Powell will reference tapering in this week's presser. » VIEW MORE TODAY'S ECONOMY
Commentary
FHFA’s Confused Critique of Fannie and Freddie’s Transfer of Credit Risk We walk through how credit risk transfer has become central to the housing finance system. U.S. Weekly Highlights and Preview, June 14, 2021 Retail sales likely fell in May, while housing starts and industrial production post rose. U.S. Chartbook: Checkup on Inflation and Consumers Transient price gains continued to headline data from economic releases last week. European Consumers Feel the Pinch of Carbon Pricing Germany’s emission trading system has contributed to higher energy prices this year for households. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland
Consumer Price Index
May. 2021: 2.2%
Finland’s headline CPI accelerated to 2.2% y/y in May from 2.1% in April, its strongest since 2016. Euro Zone
Industrial Production
Apr. 2021: 0.8%
The euro zone’s industrial production grew by 0.8% m/m in April, adding to the upwardly revised 0.4% increase in March. Portugal
Consumer Price Index
May. 2021: 1.2%
Portugal’s CPI accelerated by 1.2% y/y, building on the 0.6% y/y increase registered in April. India
Consumer Price Index
May. 2021: 6.3% y/y
India's consumer price index jumped well above expectations in May, hitting 6.3% y/y, up from 4.29% in April. Canada
Survey of Manufacturing
Apr. 2021: -2.1%
Manufacturing had a rough month in April. Canada
New Motor Vehicle Sales
Apr. 2021: 250.9%
Canadian purchases of cars and trucks eased slightly but still are high relative to previous months. World
Moody's Analytics Survey of Business Confidence
June 11: 15.1
Global business sentiment is steadily improving as the pandemic winds down in the developed world. » VIEW MORE ECONOMIC INDICATORS | 
