The average of the July-August CPI-W for 2024 indicates that the cost-of-living-adjustment (COLA) for Social Security recipients will be about 2.4 percent when it goes into effect in January 2025. While the calculation for the [...]
Following July’s pause, the ECB is widely seen resuming its easing path this week. Falling inflation, a strengthening euro and an expected Federal Reserve rate cut next week provide all the scope needed while a [...]
The communications blackout period around the September 17-18 FOMC meeting is in effect (midnight, Saturday, September 7 through midnight, Thursday, September 19). If any Fed officials speak, it will not be about monetary policy. Even [...]
Global economic data have been consistently underperforming economist forecasts since the beginning of August, though only to a limited degree. Econoday’s Relative Performance Index (RPI) held unchanged in the week at minus 10, just within [...]
The impact of a presidential race on consumer confidence is murky. Consumers’ perceptions of the world are more heavily influenced by the things that have an immediate impact on household budgets and planning. Who is [...]
The September 2 week starts with the Labor Day observance on Monday with a full market close in the US for stocks and bonds. The data calendar will have a few shifts in the normal [...]
Global economic data continue to underperform expectations, at minus 10 on Econoday’s Relative Performance Index and at minus 21 when excluding price data (RPI-P). The latter offers an indication on real economic activity which has [...]
In the countdown to the September 17-18 FOMC meeting, the number of reports that might change the outlook for a rate cut are fewer. As of Friday, August 30, there is less room for a [...]
As the unofficial end of summer approaches with the Labor Day weekend (August 31-September 2), markets may not be particularly attentive to the economic data calendar. There is nothing on it likely to change the [...]
Global data held steady in the underperformance column, ending the week at minus 8 on Econoday’s Relative Performance Index (RPI) and at minus 21 when excluding price data (RPI-P), the latter indicating greater underperformance in [...]
