At minus 8, Econoday’s Relative Economic Performance Index (RPI) continues to show recent global economic activity lagging market expectations, but not by much. China in particular remains a significant drag, but Eurozone readings have improved [...]
On September 18 the FOMC lowered the fed funds target range by an aggressive 50 basis points to 4.75-5.00 percent, beginning the process of easing restrictive monetary policy put in place to combat inflation. The [...]
At the close of the third quarter 2024, all eyes will be on the employment report for September at 8:30 ET on Friday, October 4.The strike at Boeing which began on September 13 will not [...]
Closing the week at minus 22, Econoday’s Relative Economic Performance Index (RPI) shows global economic activity continuing to fall somewhat short of market expectations. This is particularly true of China, where policy was eased significantly [...]
Should the central bank see fit to ease at what would be a third successive Monetary Policy Assessment (MPA), there would seem to be few hurdles in the path of another cut in the SNB’s [...]
Although there are plenty of reports on the economic data calendar in the September 23 week, none is likely to be a standout after the FOMC announced a rate cut of 50 basis points on [...]
Fed policymakers will always say that no decision is made until they actually meet and consider all the most recent information available. However, they have strongly signaled that they are leaning toward cutting rates at [...]
The FOMC meets on Tuesday and Wednesday amid universal expectations for the first rate cut since the current target range of 5.25-5.50 percent was set in July last year. What is not universal is the [...]
Global economic data continue to underperform relative to forecasts. Econoday’s Relative Performance Index (RPI) fell 6 points in the week to minus 16 and edged a further 3 points lower to minus 20 less prices [...]
Investors are split on this month’s BoE MPC announcement but the majority call is for no change. The August reduction in Bank Rate to 5.0 percent only got through by the tightest of margins (5-4) [...]
