US inflation powering ahead in October, inflation cooling
Lucy Nicholson ReutersDecember 1, 2022 U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a powerful boost at the start of the fourth quarter as it faces rising headwinds from the
Senior Fed Economist Says Odds of Avoiding Recession Have Risen
Matthew Boesler BloombergNovember 18, 2022 Latest data raise soft-landing chances slightly, Raffo says Minneapolis Fed’s director of research speaks in interview (Bloomberg) A senior Federal Reserve economist said the latest data on consumer spending, wages
US Producer Prices Cool by More Than Forecast on Heels of CPI
Reade Pickert BloombergNovember 15, 2022 Index rose 8% from October 2021; up 0.2% from month earlier Core goods prices declined, while services costs also eased (Bloomberg) --US producer price growth stepped down in October by
US Retail Sales Rise Most in Eight Months as Consumers Hold On
Augusta Saraiva BloombergNovember 16, 2022 Value of purchases rose 1.3% in October, topping estimates Sales declined at department stores and electronics outlets (Bloomberg) --US retail sales posted the biggest increase in eight months in October,
US REACT: Factory Output Flags Lower Goods Prices Ahead
Andrew Husby BloombergNovember 16, 2022 (Bloomberg Economics) --OUR TAKE: October industrial production figures add to a growing ensemble of data flagging softening core-goods inflation ahead, a plus for Fed officials looking to step down the
Three massive market overhangs have started moving in a positive direction for investors in 24 hours
Bob Pisani CNBCNovember 11, 2022 A three-bagger? Three macro issues have dominated the stock market in the last six months: the Fed and inflation, Covid-19 lockdowns in China and the Russian invasion of Ukraine. In
Fed seen slowing rate hike pace as inflation eases
Ann Saphir ReutersNovember 10, 2022 A larger than expected drop in consumer inflation last month will likely prompt the Federal Reserve to pare down future interest rate increases as the impact of its swift monetary tightening
Reasons Are Adding Up for Optimism on Inflation
John Authers BloombergNovember 6, 2022 Reasons to Be CheerfulWelcome to Inflation Week. In the US, the week ahead will be punctuated by widespread school closures on Tuesday for midterm elections, by what could well be
Goldman Sachs Sees ‘Very Plausible’ Path to Avoid US Recession
Alex Tanzi BloombergNovember 7, 2022 Bank maintains odds of a recession at 35% in next 12 months Average probability among Wall Street economists is at at 60% Goldman Sachs Group Inc.’s top economist said there’s
This contrarian indicator from Bank of America signals a 94% chance stocks are higher a year from now
Yun Li CNBCNovember 1, 2022 Sentiment on Wall Street has gotten so bad that strategists have finally started to throw in the towel, and that could trigger a reliable buy signal from Bank of America.