| Today's Economy
Economic Roundup: Goodbye QE, for Now The FOMC statement was slightly more hawkish, signaling a likely rate hike in December. Another Month, Another Russian Bank Bailout The central bank's head has tried to strike a harder regulatory line in the industry. OECD Smiles on Euro Zone and Russia, Frowns on U.K. While Russia should perform well, the U.K. is expected to tumble. U.S. Existing-Home Sales Disappoint September won't look any better. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Harvey’s Aftermath Appearing in the Data The economy remains solid despite the storm's effects, but Irma's damage is not yet apparent. Forecasters' Mailbag: What if the Yuan Keeps Rising? There are signs Beijing is uncomfortable with ongoing appreciation. U.S. Macro Outlook: Still Cleaning Up Policymakers have unfinished business to get done before the next recession hits. U.S. Weekly Highlights and Preview, September 18, 2017 Fed set to put its balance sheet plans into motion. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
Producer Price Index
Aug. 2017: 2.6%
Producer prices rose 2.6% y/y in August, following a 2.3% increase in the previous month. United Kingdom
Retail Sales
Aug. 2017: 2.35%
U.K. retail sales beat expectations and increased by 2.4% y/y in August, accelerating from a 1.4% rise in July, though it still remained below the 3.6% past-year average. United States
MBA Mortgage Applications Survey
September 15: -9.7%
Mortgage applications tumbled last week, giving up most of the gains from the prior week. United States
Existing-Home Sales
Aug. 2017: 5.35 mil
Existing-home sales dipped again in August, falling 1.7% from July totals, though they are still 0.2% above totals from August 2016. The decline was led by single-family sales, whereas condo/co-op sales registered a slight increase. United States
Oil Inventories
September 15: 472.8 mil barrels
A larger than expected increase in crude oil inventories will put downward pressure on oil prices. United States
Financial Accounts - Households
2017Q2:
United States
Financial Accounts - Nonfinancial Corporate
2017Q2:
United States
FOMC Monetary Policy
Sep. 2017: 1.00 - 1.25 %
The Federal Open Market Committee announced that the central bank is moving from quantitative easing to quantitative tightening. Argentina
Retail Sales Index
Jul. 2017: 14.7%
The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 14.7% y/y in July after 11.3% in the previous month. New Zealand
GDP
2017Q2:
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