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UNITED STATES: Flash PMI supports soft landing outturn
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DOI: 10.1108/OXAN-ES282917
ISSN: 2633-304X
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Geographic
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UNITED STATES: Economic activity will slow in 2023
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DOI: 10.1108/OXAN-ES274258
ISSN: 2633-304X
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Geographic
Topical
However, interest-rate-sensitive sectors such as home improvement are suffering the largest sales declines, according to weekly credit-card spending data. Housing prices also are…
Core personal consumption expenditure inflation is 4.7% year-on-year, above the 2.0% target. The economy is holding up, with the OECD now forecasting GDP growth of 1.5%, up from…
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DOI: 10.1108/OXAN-DB276878
ISSN: 2633-304X
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Geographic
Topical
UNITED STATES: Rising core CPI will support tightening
The Fed targets an average annual inflation rate of 2% but, under its 2020 monetary policy framework, will tolerate a moderate overshoot to make up for past low inflation. The Fed…
UNITED STATES: Low CPI will not derail the Fed's path