Today's Economy Economic Roundup: Awaiting September’s CPI Falling energy prices will leave headline inflation unchanged in September, which will lower the year-ago rate to 2.2%. Final Thoughts Ahead of September U.S. CPI Falling energy prices will leave headline inflation unchanged in September, which will lower the year-ago rate to 2.2%. Europe Daily Briefing: Pass the Brandy China retaliates to new EU tariffs with high deposit requirements on brandy importers. Asia-Pacific Daily Briefing: RBNZ Dovish While RBI Stands Pat New Zealand's central bank nudged cuts to the official cash rate by 50bps. » VIEW MORE TODAY'S ECONOMY
Commentary The Netherlands Outlook: Return to Moderate Growth After a Volatile First Half Near-term prospects for the economy remain weak, with a stronger recovery anticipated next year. U.S. Chartbook: Still Kicking Last week’s jobs data reveal the labor market remains resilient. U.S. Household Debt Tracker: Consumer Credit Moderation Balances have declined for two consecutive months and are up just 1.5% over the past year compared with a three-year average growth rate of 3.9%. U.K. Outlook: Caution After a Stellar First Half Still-high interest rates and tax rises are likely to keep growth subdued. » VIEW MORE COMMENTARY
Today's Economic Indicators
India Monetary Policy Oct. 2024: 6.50% In its fifth meeting of the year, the Reserve Bank of India’s Monetary Policy Committee held the repo rate steady at 6.5%, matching market expectations. Taiwan (China) Consumer Price Index Sep. 2024: 1.8% y/y Taiwan’s inflation significantly cooled to 1.8% y/y in September from August’s 2.4%. Mexico Consumer Price Index Sep. 2024: 4.58% y/y Mexico’s annual inflation declined in September as price increases moderated. Brazil Consumer Price Index Sep. 2024: 4.42% y/y Annual inflation rebounded in September as prices increased at a monthly rate higher than in the previous months. United States MBA Mortgage Applications Survey October 04: -5.1% For consecutive weeks, mortgage activity has taken a step backward. United States Wholesale Trade (MWTR) Aug. 2024: 0.1% m/m Wholesale inventories rose 0.1% in August after a 0.2% gain in July. United States Oil Inventories October 04: 422.7 mil barrels Oil inventories had a build of 5.8 million barrels in the week ended October 4, well above consensus predictions of an increase of 1.3 million barrels. United States California Manufacturing Survey 2024Q4: 57.5 T United States FOMC Minutes Sep. 2024: The Federal Open Market Committee released minutes from its September meeting. Philippines Foreign Trade Aug. 2024: » VIEW MORE ECONOMIC INDICATORS |