Date: September 13, 2018 United States: U.S. Core Inflation Unexpectedly Cools on Apparel, Medical Costs A gauge of underlying U.S. inflation unexpectedly cooled in August as apparel prices fell by the most in about seven decades and medical-care costs declined, offering Americans a respite from accelerating price gains. Excluding volatile food and energy costs, the core

Date: September 12, 2018 United States: Florence to Batter U.S. Data But Harm to Economy Likely Small The economic impact of Hurricane Florence is unlikely to be large but could muddle U.S. data for months, judging from past experience. Last year, Hurricanes Harvey and Irma constrained activity in the third quarter of 2017 and sparked rebuilding

Date: September 11, 2018  United States: Fed's Rosengren Wants Two More Hikes in 2018 as Economy Grows One more interest rate hike in 2018 won’t satisfy Eric Rosengren’s definition of gradual. In an interview, the president of the Federal Reserve Bank of Boston made clear that, barring an unexpected turn for the U.S. economy, he’ll push

Date: September 7, 2018 United States: U.S. Payrolls Rise 201,000 While Wage Gains Accelerate to 2.9% U.S. job gains rebounded by more than forecast in August and wages unexpectedly registered their biggest advance of the expansion, keeping the Federal Reserve on track to lift interest rates this month and possibly another time this year. Nonfarm payrolls

Date: September 6, 2018 United States: A Rare U.S.-Europe Junk Bond Split Tantalizes Big-Money Funds Europe’s high-yield bond market has gotten tantalizingly cheap, according to big-gun debt funds. Money managers at JPMorgan Asset Management and PGIM Inc. who oversee about $70 billion collectively say it’s time to buy. Even as Italy’s populist government bids to balloon

Date: September 5, 2018  United States: U.S. Stocks Fall, Dollar Gains as EM Assets Wobble: Markets Wrap U.S. stocks fell, Treasuries weakened and the dollar climbed as trade tensions persisted and emerging markets remained under pressure. The S&P 500 started September on the back foot as Nike Inc.’s politically controversial ad campaign and Facebook Inc.’s

Date: September 4, 2018  United States: Dollar Advances as Stocks Fall With EM Currencies: Markets Wrap The dollar advanced and stocks fell as trade tensions persisted and emerging markets came under pressure, with turmoil in currencies spreading from Turkey and Argentina to South Africa. Declines in the yen and gold left investors with few havens.

Date: September 3, 2018  United States: If Fed Policy Is Still Easy, Consumers Aren't Getting the Memo Federal Reserve officials say interest rates are still low enough that they continue to stimulate the U.S. economy. New data from a University of Michigan survey suggests that may no longer be the case. The share of U.S. consumers

Date: August 31, 2018  United States: U.S. Second-Quarter Growth Revised Up to 4.2% on Software, Trade  The U.S. economy expanded in the second quarter at a slightly faster pace than previously estimated on revisions to imports and software spending, bolstering the strongest period of growth since 2014, according to Commerce Department data released Wednesday. The

Date: August 30, 2018 United States: U.S. Farm Trade Surplus to Shrink as Chinese Tariffs Bite Agriculture, one of the few areas of the U.S. economy that sells more abroad than it buys, will see its trade surplus shrink next year as shipments to China collapse amid a trade war between the two nations, according to