Today's Economy Economic Roundup: BoE Can't Shake Brexit Uncertainty Even if there is a delay, odds are the BoE hikes rates sometime this year. What We Know About the Fed Balance Sheet The runoff ends this year, but the composition will continue to shift. Europe Daily Briefing: No Wonder the BoE Didn't Budge A rate hike before the end of this year is still on the cards. Fed's Policy Framework Under Review Debate will heat up this year, but it may already be influencing some policymakers views. » VIEW MORE TODAY'S ECONOMY
Commentary Argentina Outlook: Recovery Delayed by Soaring Inflation Restrictive economic policies needed to tackle stubborn inflation. U.S. Macro Outlook: Sink or Swim? The economic expansion should begin to move forward again. U.S. Consumer Outlook: Shoppers Still Benefit From Weak Retail Pricing The ongoing pressure has hammered sales growth. U.S. Regional Outlook: Strength in the Mountain West The year ahead will be favorable for all regions, even as late-cycle challenges gather. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia Monetary Policy Mar. 2019: 6.0% Bank Indonesia kept the policy rate steady at 6% in March. United Kingdom Retail Sales Feb. 2019: 4% U.K. retail sales beat expectations, rising 4% y/y in February, only slightly below the 4.1% increase recorded previously. United Kingdom Monetary Policy and Minutes Mar. 2019: 0% As expected, the Bank of England’s Monetary Policy Committee unanimously voted to leave interest rates unchanged at 0.75% in March. Canada ADP Canada National Employment Report Feb. 2019: 36,200 The Canadian labor market turned in another month of healthy growth in February. Canada Wholesale Trade Jan. 2019: 0.6% Wholesale sales rose 0.6% to C$63.5 billion in January. United States Jobless Claims March 16: 221,000 The recent soft patch for the U.S. economy will prove temporary as long as the labor market holds up. United States Philadelphia Fed Survey Mar. 2019: 13.7 Manufacturer sentiment bounced back in the Philadelphia Federal Reserve District in March. United States Quarterly Services Survey 2018Q4: The Quarterly Services Survey bodes well for revisions to fourth quarter consumer spending. United States St. Louis Fed Financial Stress Index March 15: -1.26 The St. United States Conference Board Leading Indicators Feb. 2019: 0.2% The outlook for the U.S. economy is brighter than last month. United States Natural Gas Storage Report March 15: -47 bil cubic feet The decline in natural gas inventories was roughly in line with analyst expectations, which will have little effect on gas prices. Argentina GDP 2018Q4: -6.2% Argentina's economy contracted 6.2% y/y in the fourth quarter, after a 3.7% decline in the previous quarter (revised figure). Argentina Employment Situation 2018Q4: 9.1% Unemployment According to Indec’s labor market survey, Argentina's national unemployment rate averaged 9.1% in the fourth quarter, compared with 7.2% a year earlier (figures are not seasonally adjusted). Japan Consumer Price Index Feb. 2019: » VIEW MORE ECONOMIC INDICATORS |