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...

Key events this week – US CPI & retail sales; US Fed Chair Powell; Aus budget, labour market, & wages; Europe growth & CPI Recap from last week There was limited data released last week. US data focused on lending conditions and consumer sentiment. The...

Key events this week – BoE and RBA monetary policy meetings, S&P Global Services PMIs Recap from last week The message from the FOMC was clear last week; restrictive policy settings need more time to do their job. As expected, the FOMC kept interest rate settings...

Key events this week – FOMC monetary policy meeting, US non-farm payrolls & ISM surveys, prelim Euro Area GDP Q1 & CPI Recap from last week US inflation data didn’t challenge the narrative that rate cuts could take longer to materialize. The overall PCE...

Key events this week – US PCE Inflation & Q1 GDP, BoJ meeting, Aus CPI Q1, Global flash PMIs Apr Recap from last week Last week, US consumer and domestic investment spending lifted Q1 GDP growth projections. The latest Atlanta Fed GDP Nowcast for US Q1 GDP growth...

Key events this week – US retail sales & housing data, US Fed Chair Powell, CPI’s Mar; Canada, Japan, UK, NZ, and the Euro Area Recap from last week Central bank meetings and minutes underscored shifts in confidence regarding the favorability of inflation...

Key events this week – US CPI & PPI, FOMC Minutes, ECB, BoC, & RBNZ meetings Recap from last week US economic activity has maintained a robust pace of growth so far in the first quarter, with strong labor market conditions persisting through March. In this...

Key events this week – US non-farm payrolls, US Fed Chair Powell speech, ISM & S&P PMIs, ECB & RBA minutes Recap from last week US PCE inflation data for Feb was mixed. Headline US PCE inflation was in line with expectations at +2.4% and was unchanged...

Key events this week – US PCE Inflation, US Fed speeches; Powell, Waller, and Cook Recap from last week Rate cut expectations firmed across several central banks following meetings and inflation reports last week. The exception is the Bank of Japan. In the US, the...

Key events this week – Central bank decisions; FOMC, BoJ, RBA, BoE, and SNB, CPI inflation; Japan, UK, Canada, and Euro Area, US housing data, and G4 prelim PMIs for Mar Recap from last week The US CPI report indicated that progress on disinflation may have stalled...