Today's Economy Economic Roundup: Fed Debates When Enough Is Enough The FOMC minutes differ from Powell's recent comments. Europe Daily Briefing: Another Brexit Delay Is the Way to Go The U.K. may have entered technical recession in the third quarter. Asia-Pacific Daily Briefing: Aussie Consumers Have Lost Their Mojo Consumer sentiment slumped in October and risks abound. Data and Expectations Call for 1.375% Fed Funds Rate It would be the prudent move for the FOMC if the 10-year Treasury is less than 1.7%. » VIEW MORE TODAY'S ECONOMY
Commentary Road to Recession: A Disconnect Diverging hard and soft data cloud the picture. A U.S. Retail Recession? Despite store closings and weak employment in some sectors, retail is in transition, not recession. Global Outlook: An Uncertain Path Downside risks facing the global economy are high. U.S. Chartbook: Jobs Engine Cooling, Not Sputtering Employment growth is slowing but not enough to lift the unemployment rate. » VIEW MORE COMMENTARY
Today's Economic Indicators
Brazil Consumer Price Index Sep. 2019: 2.89% Annual inflation declined in September thanks to low prices and the comparison base. United States MBA Mortgage Applications Survey October 04: 5.2% Mortgage applications activity rose 5.2% over the week of October 4, with the refinance index continuing its strong rise while the purchases index contracted slightly. Mexico Consumer Price Index Sep. 2019: 3.00% Annual inflation adjusted down a little more in September as the economy remains weak. United States Wholesale Trade (MWTR) Aug. 2019: 0.2% Stockpiles logged another modest gain in August. United States Job Openings and Labor Turnover Survey Aug. 2019: 4.4% openings rate August JOLTS data confirm a slowing but still buoyant labor market. United States Oil Inventories October 04: 425.6 mil barrels A larger than expected build in oil inventories will put downward pressure on oil prices. China Monetary Aggregates Sep. 2019: United States FOMC Minutes Sep. 2019: The minutes of the September meeting of the Federal Open Market Committee showed a debate beginning about how many more rate cuts were needed. Japan Machinery Orders Aug. 2019: » VIEW MORE ECONOMIC INDICATORS |