The Fed’s policy decision next week will put forward major changes to its outlook, including the dot plot, the Summary of Economic Projections and the language within the statement around economic conditions. … READ MORE >
USA
U.S. August CPI: Further signs of moderation as energy prices decline
Inflation inside the consumer price index continued to moderate in August as the top-line figure increased by 0.2% on the month and by 2.5% on a year-ago basis. … READ MORE >
Financial markets update: Front-running the Fed’s first cut, and our new call on rates
We are updating our year-end rate call to 3.7% on the 10-year yield with risk of a move lower as growth, inflation and hiring cool. … READ MORE >
Manufacturing sector jobs dipped in August
The manufacturing sector lost 24,000 jobs in August, following an upward-adjusted addition of 6,000 in July, according to the Bureau of Labor Statistics. … READ MORE >
Health care experiences lowest month of jobs added since 2022
The health care sector’s hiring spree has slowed significantly in August, adding just 31,000 jobs, according to the Bureau of Labor Statistics. … READ MORE >
U.S. August jobs report: A soft landing in the economy
Hiring is cooling and we expect that will define the second half of the year as firms manage their mix of capital and labor to meet demand. … READ MORE >
Job openings fall amid imminent rate cuts
With job openings falling back to normal and the labor supply increasing, the labor market was in balance in July. … READ MORE >
Manufacturing sector declines at a slightly slower rate in August
A result of the slowdown was another month of employment declines, though at a slower pace at 46 compared to 43.4 in the prior month. … READ MORE >
5 things to know in life sciences: Week of August 26, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Fed’s key inflation gauge shows price stability as consumers hit the accelerator
The American economy is poised to grow at or above the long-term 1.8% rate as the Fed begins its rate-cutting campaign, which should put a floor under growth and hiring. … READ MORE >