We expect that rate to accelerate to 2.5% in the current quarter and 2.1% during the final three months of the year. … READ MORE >
Economics
RSM’s global central banking outlook
Oil and energy shocks in the first half of the year presented central bankers with another stern test of their willingness to ensure price stability. … READ MORE >
Market Minute: Is the war over? That’s what investors are saying.
Falling oil prices, easing yields and the ebbing of the risk premium across the U.S. Treasury curve suggest that investors see a durable peace. … READ MORE >
Market Minute: The bill for Japan’s lost decades is coming due
For decades, Japan used low interest rates and piled up debt to prop up its aging economy. Now, the currency market is saying enough is enough. … READ MORE >
Market Minute: As Japan embraces foreign workers, growth follows
Japan’s embrace of foreign-born workers did not happen overnight and there are undoubtedly more changes to come. … READ MORE >
Revisions and noise push jobless rate down to 4.2%
Take the June jobs report of 57,000 new hires with a grain of salt. Expect an upward revision to this figure when the July data is released. … READ MORE >
Market Minute: Why gas prices will fall, but only gradually
For every $10 that the price of oil declines per barrel, the price of gas declines by only $0.024 per gallon. … READ MORE >
Market Minute: We expect a gain of 180,000 jobs in June
The gains will be driven by health care, education, government, leisure and hospitality, as well as the goods-producing and construction sectors. … READ MORE >
Market Minute: Guns, butter and inflationary pressures
The increase in defense spending is boosting GDP and the labor market, but also adding pressure to inflation. … READ MORE >
Market Minute: What does the Dallas Fed trimmed mean tell us about inflation?
Investors will be looking at alternative measures like the Dallas Fed PCE trimmed mean, one of Fed Chair Kevin Warsh’s preferred inflation metrics. … READ MORE >