Monthly Archives: September 2018

September 2018

Economic Outlook – 30 September 2018

2018-10-02T22:11:29+00:00

US The FOMC decision was the headline event this week, even though its unanimous 25 bps rate hike was widely expected. What was decidedly more interesting were key changes in the language of the committee’s policy statement, as well as the rollout of its 2021 fed funds rate projections. While the FOMC has been steadily [...]

Economic Outlook – 30 September 2018 2018-10-02T22:11:29+00:00

Economic Outlook – 23 September 2018

2018-09-23T21:33:18+00:00

US Housing starts rebounded in August but building permits dropped. Home sales also came in below expectations, as resales of existing homes were unchanged. Despite housing remaining in a soft patch, real GDP is expected to remain solid and grow 3.1% during Q3 and stay close to that pace through the remainder of the year. [...]

Economic Outlook – 23 September 2018 2018-09-23T21:33:18+00:00

Economic Outlook – 9 September 2018

2018-09-09T21:09:25+00:00

US US employers added 201,000 new jobs in August. The prior two months of additions were revised down 50,000, bringing the three-month average to 185,000. Gains in August were broad based, with most industries adding jobs over the month, notably the transportation and warehousing & construction sectors. Manufacturing jobs fell slightly during the month. The [...]

Economic Outlook – 9 September 2018 2018-09-09T21:09:25+00:00

Economic Outlook – 2 September 2018

2018-09-02T20:16:17+00:00

US The second estimate for US GDP revealed a faster pace of economic growth than first estimated, with the annualised growth rate quickening slightly to 4.2% in Q2. The details also offered additional colour on the state of the economy at this late stage of the cycle and, with some exception, those details were broadly [...]

Economic Outlook – 2 September 2018 2018-09-02T20:16:17+00:00