U.S. economy poised for somewhat slower growth, leading indicators signal

Retail sales show there is no quit in the U.S. consumer

VOLUME 221: WEEK ENDING OCTOBER 19, 2024 The 0.4% rise in headline retail sales for September was driven by a strong increase in underlying control group sales, putting real consumption on track for 3.2% annualized growth in Q3. By sector, gasoline station sales fell...
U.S. economy poised for somewhat slower growth, leading indicators signal

CPI wasn’t what the Fed wanted but won’t deter rate cuts

VOLUME 220: WEEK ENDING OCTOBER 12, 2024 The larger-than-expected increase in the September Consumer Price Index (CPI) does not signal a renewed surge in inflation, nor will it prevent the Federal Reserve from proceeding with a 25 basis point rate cut at its November...
U.S. economy poised for somewhat slower growth, leading indicators signal

Upward surprise to CPI inflation reduces odds of rapid loosening

VOLUME 216: WEEK ENDING SEPTEMBER 14, 2024 Higher shelter and transport services costs drove the stronger-than-expected rise in core inflation in August. Despite this, the disappointing inflation data makes it more likely that officials will be cautious about easing,...
Major Investors Return to the Market

Major Investors Return to the Market

Capital Markets U.S. Snapshot: Q2 2024 Signs of a market recovery emerged in Q2, but the start of Q3 has created uncertainty. Underlying data indicated a stronger-than-anticipated economic backdrop with advanced Q2 GDP outperforming, stock indices hitting all-time...