U.S. inflation eases in December, supporting a moderation in Fed rate hikes
Top-line inflation declined by 0.1% on the month in December and increased by 6.5% on an annual basis.
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Jobs report preview: Strong close to year as wages remain elevated
We expect the December U.S. jobs report on Friday to show an increase in total employment of 220,000 positions.
Retail sales fall more than expected as spending and inflation cool
Retail sales in November posted the sharpest decline of the year, falling by 0.6% as shoppers pulled back from holiday spending.
FOMC decision: Fed lifts policy rate to range of 4.25% to 4.5%
The Federal Reserve on Wednesday lifted its policy rate by 50 basis points and laid the groundwork for an eventual pause in interest rate increases early next year, even as it indicated it intends to continue lifting rates into a slowdown.
When will inflation slow? Pay attention to housing
A correction in the housing market as mortgage rates reach 20-year highs is underway.
What do the latest job numbers say about the health care sector?
According to the latest nonfarm payroll report by the Bureau of Labor Statistics, health care added 44,700 jobs, exceeding our earlier estimate of 40,000.
Retail sales surge, easing recession fears for now
Retail sales data surged in October as holiday shopping started early for the second year in a row.
How high will interest rates go?
We expect the Fed to raise its policy rate above 5% in the near term while at the same time reducing its balance sheet by $95 billion per month.
Consumer sentiment falls as outlook worsens
The University of Michigan's consumer sentiment index declined by a sharp 5.2 points to 54.7 in the first half of November, slightly above the all-time low in June at 50, according to survey data released Friday
When will inflation slow? Pay attention to housing.
We estimate that there is an approximately 18-month lag between changes in housing prices and those in the housing inflation components.
Consumer products holiday season insights: Retail holiday shopping expected to be strong this year
The holiday shopping season is expected to continue to show strong nominal spending by consumers.
U.S. October jobs report: Strong growth as labor market remains tight
Total employment increased by 261,000 jobs in October, which brought the total gain in employment this year to 4 million positions.
Fed raises its policy rate by 75 basis points as it prepares to slow pace of hikes
The Federal Reserve increased its policy rate by 75 basis points on Wednesday to a range between 3.75% and 4% as it hinted at slowing the pace of its hikes.
Inflation persists as spending rebounds strongly in September
While inflation data came out slightly better than expected, the key wage inflation metric-the employment cost index-remained elevated.
FOMC preview: Policy rate moving higher as Fed may prepare to slow pace of price stability campaign
We expect the Federal Reserve to increase its policy rate by 75 basis points to a range of 3.75%-4% when it publishes its policy decision on Nov. 2.
U.S. new home sales fell 10.9% in September
The steep rise in mortgage rates has been the number one reason for the fall in demand.