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...
VOLUME 214: WEEK ENDING AUGUST 31, 2024 The Commerce Department reported that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, increased by 0.2% from the previous month. Annually, prices rose by 2.5%,...
VOLUME 206: WEEK ENDING AUGUST 24, 2024 The U.S. added 818,000 fewer jobs between the spring of 2023 and the spring of 2024 than originally reported, representing a 0.5% reduction from the initial figures. This is the largest downward revision since 2009,...
VOLUME 206: WEEK ENDING JUNE 29, 2024 The Federal Reserve’s preferred measure of inflation eased slightly in May, reaching its lowest level in over three years, potentially strengthening the case for an autumn rate cut.The Bureau of Economic Analysis’ PCE...