Key events this week – US PCE inflation & Q2 GDP, Bank of Canada policy meeting, S&P prelim PMIs Jul Recap from last week Both US Fed Chair Powell and Fed Governor Waller continued to reiterate the shift to a more balanced focus of the Fed’s dual mandate....

Key events this week – US retail sales, Fed speeches; Powell & Waller, ECB meeting, global CPI reports; UK, Canada, Euro Area final, Japan, and NZ, Aus labor market Recap from last week US Fed Chair Powell delivered his semi-annual testimony to the US Congress...

Key events this week – US CPI & PPI, US Fed Chair Powell testimony, RBNZ monetary policy meeting Recap from last week At the Sintra forum last week, Fed Chair Powell noted that the US had experienced solid growth in the first half, a robust but rebalancing labor...

Key events this week – US – Independence Day, non-farm payrolls, Fed Chair Powell, FOMC minutes, ISM surveys; Europe - ECB Forum on Central Banking, ECB minutes, prelim CPI Jun; Canada labor market; Aus – RBA minutes & retail sales; Global S&P PMIs Recap from...

Key events this week – US PCE inflation, Aus & Canada CPI Recap from last week US spending, housing, and output data for May pointed to solid growth continuing through Q2, providing important context for the policy outlook as the FOMC considers when rate cuts will...

Key events this week – US retail sales, central banks; BoE, RBA, and SNB, inflation; UK, Japan, and Euro Area, S&P prelim PMI’s Jun Recap from last week The FOMC kept monetary policy settings unchanged, emphasizing the importance of balancing its dual mandate. Fed...

Key events this week – FOMC & BoJ meeting this week, US CPI Recap from last week Stronger than expected US payrolls for May will likely continue to support the FOMC in keeping policy rates unchanged at its meeting this week. US non-farm payroll growth in May was...

Key events this week – ECB & BoC meetings, US non-farm payrolls & ISM surveys, Aus GDP Q1, Global S&P PMIs Recap from last week The US PCE inflation print for Apr was in line with expectations and most likely qualifies as ‘heading back in the right...

Key events this week – US PCE inflation, CPI inflation; Euro Area, Aus (monthly), and Tokyo Recap from last week A key theme from the FOMC minutes was the lack of further progress on inflation during Q1. While policy rates were seen as sufficiently restrictive, it was...

Key events this week – US; FOMC minutes, Fed speak, & Durable goods orders; RBA minutes; RBNZ meeting; CPI – UK, Canada, and Japan; Prelim S&P PMIs for May Recap from last week The strength of US inflation and growth through Q1 had supported a shift in the...