Economic Highlights
February 27,2018 United States: Fed's Quarles Raises Hope for Faster, Sustained U.S. Growth Pace Federal Reserve Governor Randal Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his support for “gradual” interest-rate increases. “Some of the factors that have
February 26, 2018 The most recent post by the Euro-stat, the statistical institute of the Eurozone, revealed that nearly half (48.7%) of unemployed persons aged 16-64 in the European Union (EU) were at risk of poverty after social transfers in 2016. Persons at risk of poverty are those living in a household with an equivalised
February 26,2018 United States: Powell May Accept Inflation Overshoot to Extend U.S. Expansion Federal Reserve Chairman Jerome Powell and his colleagues may be willing to accept inflation rising as high as 2.5 percent as they seek to extend the almost nine-year economic expansion. So say a number of veteran Fed watchers who argue that the
February 23, 2018. United States: Equity Investors Fleeing Wall Street Are Turning to Europe Tempted in buying the dip? OK, just maybe not the one in U.S. stocks. While Wall Street is still reeling from its first 10 percent correction in two years, U.S. equity funds continue to suffer outflows, according to Bank of America
February 22, 2018 Bank of Jamaica Quarterly Monetary Report: For the period (October to December 2017) For the review period October to December 2017, Mr. Brain Wynter, The Governor of the Bank of Jamaica (BOJ), indicated that “The recovery in the Jamaican economy has been sluggish, though, and the Bank expects that GDP will remain below
February 22, 2018. United States: Brighter U.S. Growth Outlook Emboldens Fed on Rate-Hike Course U.S. central bankers sent a strong message Wednesday that an expansion with “substantial underlying economic momentum” could sustain additional increases in interest rates this year. Federal Reserve officials “anticipated that the rate of economic growth in 2018 would exceed their estimates
February 21,2018. United States: U.S. Stocks Fall With Treasuries, Dollar Climbs: Markets Wrap U.S. stocks halted a six-day rally as disappointing results from Walmart Inc. weighed on major indexes as the dollar pushed higher. Treasuries fell amid a heavy slate of U.S. debt issuance, with short-end auctions drawing some of the highest yields in almost
February 20,2018 Please click below to view December 2017's Economic Review. Monthly Economic Review - January 2018 The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the
February 20,2018 United States: Dollar Rises With Treasury Yields; Stocks Struggle: Markets Wrap Treasuries fell, with investors driving the benchmark yield up to the highest level in four years, as the dollar advanced with oil futures in New York. European shares erased earlier gains and U.S. futures slipped. Debt investors appeared to be trading with
February 19, 2019 The U.S. Bureau of Labor Statistics in one of its latest release reported an increase in both US import and export indexes. U.S. import prices increased 1.0% in January, albeit at a slower pace than the December 0.2%. Prices of export increased a 0.8% in January versus a 0.1% in December. Imports
