Weekly Economic Outlook

USANominal personal income rose a consensus-matching 0.3% in the U.S. in April following a 0.5% increase the prior month. The wage/salary component of income advanced 0.2%, whereas income derived from government transfers rose 0.3%. Personal [...]

USAThe Fed released the minutes of the 1 May meeting of the Federal Open Market Committee on Wednesday, and the readout was a good deal more hawkish than markets expected given the dovish tone Fed [...]

USAThe Consumer Price Index rose 0.3% in April, one tick short of the median economist forecast calling for a +0.4% print. This followed a 0.4% gain the prior month. Prices in the energy segment were [...]

USA   First-time claims for unemployment insurance rose by 22K to 231K in the week ended May 4. That was not only more than the 212K figure consensus had baked-in, it also marks the highest level [...]

USAMarkets breathed a sigh of relief on Friday morning as yields on US Treasuries tumbled after April nonfarm payrolls grew a less-than-expected 175,000. The number fell considerably short of the 240,000-consensus forecast, and the prior-two-months [...]

USAAccording to the Bureau of Economic Analysis, real GDP expanded 1.6% annualized in 2024Q1, considerably less than the median economist forecast calling for a +2.5% print. As this gain was weaker than potential, the output [...]