India’s consumer price index accelerated in July, climbing to 4.45% on an annual basis and exceeding the Reserve Bank of India’s 4% medium-term target for a second straight month. … READ MORE >
Market Minute: Intervention, the yen and U.S. rates
This recent intervention into the yen is a reminder of the folly of thinking that anything other than market demand can dictate what a currency’s value should be. … READ MORE >
Market Minute: PPI capturing AI supply shock
Through June over the past year, prices of electronic sand accessories rose by 27.6% as demand for those products has accelerated. … READ MORE >
Muted inflation in July should keep Fed on hold
Market expectations for a Fed rate hike in September declined from 47% before the publication of the report to 35% after. … READ MORE >
Market Minute: Great expectations and the July inflation data
Expectations around the July CPI data imply a 0.1% monthly increase in the top-line number and a 3.4% annual increase. … READ MORE >
Market Minute: Baby boomers and Gen X leave the workforce
The aging of the population, along with restrictive immigration policies, are having a significant impact on the supply side of the labor market. … READ MORE >
Seasonal distortions offer misguided look at U.S. labor market conditions
The U.S. economy is in a good spot heading into the second half of 2026 as the labor market is at full employment while job growth and wages do not imply second-round risks to the economy via the inflation channel. … READ MORE >
Market Minute: Lagging wages are the root of the affordability crisis
Although core inflation looks a bit more benign than topline inflation, RSM expects July’s U.S. labor data to reflect flat growth in real wages amid an ongoing affordability crisis. … READ MORE >
Market Minute: What’s behind the U.S. labor market strength?
Since December 2024, 594,000 jobs have been created in health care and 411,000 in social assistance, much of it to serve an aging population. … READ MORE >
Market Minute: Why did Japan and the U.S. prop up the yen?
Japan wanted to prevent a disorderly depreciation of the yen. The U.S. wanted to suppress the increase in Treasury yields and avoid a selloff by Japan. But it won’t last. … READ MORE >









