Global data hitting forecasts; Global Policy Rate steady at 4.35 percent

Global economic data continue on net to come in very near expectations, at minus 3 for the Relative Performance Index and at minus 5 less prices (RPI-P). These readings suggest no jolts for Econoday’s Global [...]

By Jeremy Hawkins|2024-05-24T12:19:35-07:00May 24, 2024|

Revival in goods price inflation will make disinflation progress harder

With the next round of inflation reports on the near horizon, markets should be prepared for a disappointment that, following April’s employment report, may well erase the uptick in rate-cut expectations.The bottom line is that [...]

By Theresa Sheehan|2024-05-09T08:38:56-07:00May 9, 2024|