Bonds
Americans spend at steady clip in November, PCE prices miss forecasts
Americans continued to spend at a steady clip last month, while prices rose by a tad less than anticipated.
Philly Fed index surprises to the downside in December
Activity in the US mid-Atlantic region weakened at the end of 2024, the results of a closely followed survey showed.
'We are significantly closer to neutral', Fed's Powell says
The US central bank cut rates as expected but policymakers indicated that they were now anticipating fewer reductions in 2025.
Autos boost US retail sales in November
US retail sales grew more quickly than anticipated in November, in large part due to a jump in outlays for motor vehicles and parts.
US services activity expands at fastest pace since Covid reopening, S&P says
Services sector activity in the States picked up to its quickest pace since the economy reopened after Covid, the results of a closely followed survey showed.
US headline CPI picks up slightly in November
The cost of living in the States picked up slightly last month as food and vehicles became dearer, although increases in shelter prices eased.
Estimates of US labour cost growth revised lower
Labour cost growth in the States over the half year ending in September undershot economists' forecasts, likely signalling that a further reduction in inflation was on the cards.
US non-farm payrolls rise more quickly than expected in November
Hiring in the US rebounded a tad more strongly than expected last month, once the impact from hurricanes and strikes in October had passed.
US consumer confidence hits seven-month high, inflation expectations rise
Consumer confidence in the US rose for a fifth month running in December, the results of a closely followed survey revealed.
Eurozone GDP growth picks up in Q2
Economic output in the euro area rose more quickly over the three months ending in September than over the preceding quarter, as Germany skirted recession and aggregate demand in Ireland spiked.
Eurozone inflation ticks higher in November
Euro area inflation picked up in November in annual terms, although some economists were expecting that it would soon head lower again.
US consumer confidence edges higher in November, University of Michigan says
Consumer confidence in the States hit a six-month high heading into the elections in November, the results of a closely followed survey revealed.
Fed cuts by 25bp, as expected, shies away from fresh forward guidance
Rate-setters in the US decided on Thursday to ease monetary policy by 25 more basis points, as expected.
US services sector activity picks up further in October, ISM says
Services sector activity in the US continued to expand at a brisk clip last month, the results of a closely followed survey revealed.
Elections 'loom large' over US consumers in October
Consumer sentiment in the US was little changed in October while inflation expectations drifted a tad lower, the results of a closely-followed survey revealed.
US durable goods orders drop in September due to drag from civilian aircraft
Orders for goods made to last three years or more fell as expected last month, due to the drag from a sharp drop in those for aircraft.
US import price index undershoots forecasts in September
The cost in the US of goods purchased overseas undershot economists' forecasts last month as the fuel prices plummeted.
Federal Reserve cuts rates by 'timely' 50bp, Bowman dissents
The US central bank surprised markets with a half percentage point interest rate cut.
Ex-NY Fed chief Dudley says he'd go for 50bp cut on 18 September
A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air.
Kroger shares pop on Q2 earnings beat, updated guidance
Kroger shares were popping on Thursday, as investors digested the grocer’s updated guidance following a mixed second-quarter performance.