Monthly Archives: October 2020

October 2020

Economic Outlook – 18 October 2020

2020-10-18T21:17:19+00:00

US The latest inflation report should quiet the stagflation chatter that had emerged after a couple of hot months for core inflation. Both headline and core CPI rose a middling 0.2% in the month of September. However, re­moving an outsized 6.7% month-on-month increase in used vehicle prices leaves core inflation flat on the month. During [...]

Economic Outlook – 18 October 2020 2020-10-18T21:17:19+00:00

Economic Outlook – 11 October 2020

2020-10-12T08:27:08+00:00

US The Federal Reserve Chair Powell made a strong case for additional fiscal support in a speech last week. He noted that despite the rebound seen so far, the economy is still in a precarious state. Any slowing in the pace of recovery at this stage risks triggering “typical recessionary dynamics, as weakness feeds on [...]

Economic Outlook – 11 October 2020 2020-10-12T08:27:08+00:00

Economic Outlook – 4 October 2020

2020-10-04T19:09:23+00:00

US The release of employment data for the month of Septem­ber showed ongoing, albeit decelerating progress in the labor market recovery. Indeed, 661,000 payroll jobs were added last month, down from 1.5 million in August. Overall, 51.5% of non-farm payrolls lost since the pandemic be­gan have been recovered. The unemployment rate fell from 8.4% to [...]

Economic Outlook – 4 October 2020 2020-10-04T19:09:23+00:00