Today's Economy Economic Roundup: Yellen Plans to Ride Off Into the Sunset Fed Board of Governors will likely be very short-handed in early 2018. Yellen's Resignation to Leave FOMC Very Shorthanded The Federal Reserve Board could be down to three in early 2018, which is far from ideal. Governance in Question as Germany's Coalition Talks Collapse Angela Merkel's bloc fails to rally a partnership after lackluster election win. U.S. Financial Market Volatility Isn't the Only Thing That Is Low Economic volatility is among the lowest on record. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Macro Outlook: Powering Forward Supercharging consumer spending during this expansion has been the wealth effect. U.S. Weekly Highlights and Preview, November 17, 2017 Hurricanes likely boosted existing-home sales and durable goods in October. Macro Roundup: The RBA Is Comfortably on Hold The Australian central bank's recent forecasts suggest near-term rate hikes are unlikely. Fiscal Rule or a Fiscal Council for Mexico? The rule is stricter, the council is softer. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Producer Price Index Oct. 2017: 2.7% Producer prices rose 2.7% y/y in October, following a 3.1% increase in the previous month. Chile GDP 2017Q3: 2.2% Chile’s economy continued to recover in the third quarter, after a deep deceleration at the beginning of the year. Russian Federation Retail Sales Oct. 2017: 3.0% The recovery in Russian retail sales slowed in October. Russian Federation Unemployment Oct. 2017: 5.1% World Moody's Analytics Survey of Business Confidence November 17: 32.2 Global business confidence firmed last week, and although sentiment is on the low side of the range that has prevailed since before last year’s presidential elections, it remains generally good. United States Conference Board Leading Indicators Oct. 2017: 1.2% The U.S. economic outlook improved notably last month. » VIEW MORE ECONOMIC INDICATORS |