Economic Outlook – 16 October 2022
USA • Consumer Price Index jumped 0.4% in September, twice the pace expected by consensus (+0.2%). Prices in the energy segment fell 2.1% as declines for gasoline (-4.9%) and fuel oil (-2.7%) were only partially [...]
Economic Outlook – 9 October 2022
USA • Lower job openings, higher jobless claims, and slowing job growth all provided some evidence of a softening labor market, but a lower unemployment rate and solid wage growth clouded the aggregate outlook. Equity [...]
Economic Outlook – 2 October 2022
USA • Durable goods orders fell 0.2% in August, slightly less than the consensus forecast calling for a 0.3% decrease. Orders in the transportation category were down 1.1% as gains for vehicles and parts (+0.3%) [...]
Economic Outlook – 25 September 2022
USA • The Federal Reserve hiked the target range for the federal funds rate 75 bps to 3%–3.25% and will continue to reduce its holdings of Treasuries via a quantitative tightening process, with monthly caps [...]
Economic Outlook – 18 September 2022
USA • In August, the Consumer Price Index belied consensus expectations by ticking up instead of down. This came after a flat print the prior month. Prices in the energy segment fell 5.0% on declines [...]
Economic Outlook – 11 September 2022
USA • The short week following the Labor Day holiday was a relatively quiet one for U.S. economic data, sandwiched between last week's employment report and next week's critical CPI release. On Tuesday, the ISM [...]