US PCE inflation slows as expected, personal income surges but spending contracts
The latest US PCE inflation data showed price pressures moderating slightly in January. Both headline […]
Canada’s GDP grows 0.2% mom in Dec, misses expectations
Canada’s GDP expanded by 0.2% mom in December, falling short of the expected 0.3% growth. […]
Swiss KOF falls to 101.7, manufacturing and services under pressure
Switzerland’s KOF Economic Barometer declined from 103.0 to 101.7 in February, missing expectations of 102.1. […]
BoE’s Ramsden sees inflation risks two-sided
BoE Deputy Governor Dave Ramsden indicated a shift in his inflation outlook, stating that he […]
BoJ’s Uchida: Yield rise reflects market’s views on economic and global developments
Speaking in parliament today, BoJ Deputy Governor Shinichi Uchida said recent rise in JGB yields […]
Japan’s Tokyo CPI slows to 2.2% yoy in Feb, industrial production down -1.1% mom in Jan
Tokyo’s core CPI (ex-food) slowed to 2.2% yoy in February, down from 2.5% yoy and […]
Fed’s Harker says one inflation report shouldn’t sway policy in either direction
Philadelphia Fed President Patrick Harker noted in a speech overnight that recent inflation data continues […]
Fed’s Hammack signals cautious approach, stresses policy patience
Cleveland Fed President Beth Hammack said Fed has the “luxury of being patient” given the […]
Fed’s Schmid: Inflation risks rising, but growth concerns loom
Kansas City Federal Reserve President Jeff Schmid cautioned in a speech today there were “sharp […]
US initial jobless claims jump to 242k, above expectation 220k
US initial jobless claims rose 22k to 242k in the week ending February 22, above […]
US durable goods orders rise 3.1% mom, led by transportation equipment
US durable goods orders rose 3.1% mom to USD 286.0B in January, well above expectation […]
Japan’s PMI manufacturing finalized at 49 in Feb, modest improvement but outlook remains weak
Japan’s manufacturing sector showed slight improvement in February, with PMI finalized at 49.0, up from […]