| Today's Economy
Economic Roundup: New U.S. Baseline Forecast Has Significantly More Uncertainty The March baseline trims a little U.S. GDP growth off this year and has a higher peak for inflation. LatAm Daily Briefing: You Snooze, You Lose In light of geopolitical events, Venezuela might regain its former position as a U.S. oil supplier. U.S. Tax Refunds Lagging Many people will not be able to claim the full amount of the Child Tax Credit. Uncertainty at European Central Bank Will Keep Policy Unchanged The military conflict in Ukraine will dissuade the ECB from changing its current policy stance. » VIEW MORE TODAY'S ECONOMY
Commentary
Taiwan Risk Matrix Update: Shifting Risks Potential disruptions to the semiconductor industry are a major concern particularly as the military conflict between Russia and Ukraine unfolds. Global Vaccine Tracker: Addressing Vaccine Inequities Asia continues to battle Omicron, which is sweeping across the continent. U.S. COVID-19 Tracker Update: Mixed Signals After consecutive weeks of strong growth for the U.S. Back-to-Normal Index, the latest reading showed a move in the opposite direction. U.S. Weekly Highlights and Preview, March 7, 2022 Despite labor-supply challenges, Moody’s Analytics expects job gains to easily top 4 million this year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Sweden
Industrial Production
Jan. 2022: -0.3% m/m
Sweden’s industrial production slid 0.3% m/m this January, canceling out December's 0.3% increase. Italy
Industrial Production
Jan. 2022: -3.4% m/m
Italy’s industrial production dropped by 3.4% m/m in January, worsening December’s decline, as all the main sectors contracted in monthly terms. United States
MBA Mortgage Applications Survey
March 04: 8.5%
Mortgage application volume posted a strong gain in the week ended March 4. Mexico
Consumer Price Index
Feb. 2022: 7.28% y/y
Mexico’s annual inflation trended up again in February after some moderation in January. Brazil
Industrial Production
Jan. 2022: -6.9% y/y
Brazil's national industry reported a hiccup in January affected by the emergence of infections. United States
Job Openings and Labor Turnover Survey
Jan. 2022: 7% openings rate
Demand for workers remained high in January, with job openings registering at 11.3 million and a rate of 7%, little changed from recent months. United States
Oil Inventories
March 04: 411.6 mil barrels
In the face of the Russian invasion of Ukraine, the larger-than-expected decline in oil stocks last week is unlikely to sway markets. Russian Federation
Consumer Price Index
Feb. 2022: 9.2% y/y
Russia's annual inflation rate climbed higher in February, accelerating to 9.2% y/y after reaching 8.7% previously. Argentina
Industrial Production - Advance
Jan. 2022: -0.3% y/y
Industrial output fell 0.3% year on year in January (NSA) after growing 10.4% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
