Monthly Archives: October 2018

October 2018

Economic Outlook – 28 October 2018

2018-10-29T13:16:16+00:00

US US real GDP topped consensus expectations and grew a solid 3.5% in Q3. The outturn represents a modest downshift from the 4.2% registered in Q2; however, the US economy continues to grow at a strong rate that is likely above the long-run potential rate. However, the recent solid pace of expansion will likely lead [...]

Economic Outlook – 28 October 2018 2018-10-29T13:16:16+00:00

Economic Outlook – 21 October 2018

2018-10-21T20:07:44+00:00

US US retail sales fell short of expectations and rose 0.1% in September, primarily due to slower sales at gas stations and bars and restaurants, which dipped 0.8% and 1.8%, respectively. However, control group sales, which feed into GDP and exclude volatile categories like auto, gas and building materials, came in better than expected, increasing [...]

Economic Outlook – 21 October 2018 2018-10-21T20:07:44+00:00

Economic Outlook – 14 October 2018

2018-10-14T08:32:22+00:00

US In the US, producer prices rose 0.2% in September, but moderated to 2.6% on a year-on-year basis. The gain was led in large part by services, up 0.3% month-on-month, as transportation and warehousing prices rose a whopping 1.8%. This caused core inflation (which excludes food, energy and trade services) to grow a larger-than-expected 0.4%. [...]

Economic Outlook – 14 October 2018 2018-10-14T08:32:22+00:00

Economic Outlook – 7 October 2018

2018-10-08T22:44:15+00:00

US Fed Chairman Jerome Powell has used a variety of superlatives to express his pleasure with the current state of the US economy. Powell believes the economy is in a good place, with exceptionally low unemployment and inflation close to target. With inflation expectations in check, the Fed continues to believe it can gradually nudge [...]

Economic Outlook – 7 October 2018 2018-10-08T22:44:15+00:00