US retail sales are expected to rise 0.5% in tomorrow’s February report vs. the previous month, according to The Capital Spectator’s median point forecast for several econometric estimates. The median prediction reflects a substantial rebound vs. the previous month’s 0.8% decline.
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Daily Archives: March 11, 2015
Pondering The Case For An Early Rate Hike
The possibility that the Federal Reserve may start raising interest rates in the near future continues to resonate among investors and in the news media. But the view remains nuanced from the vantage of yields in the Treasury market. Although market rates have bounced higher off the lows in late-January/early February, yields have backed off their recent highs, suggesting that there’s still uncertainty about the timing for a change in Fed policy.
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Initial Guidance | 11 March 2015
● US Job Openings Rise to the Highest Level in 14 Years | WSJ
● February US Small Business Optimism Ticks Higher | 24/7 Wall St
● US wholesale inventories rise; labor market tightening | Reuters
● China’s Industrial Output, Retail Sales Growth Slows | RTT
● UK industrial production falls 0.2% in December | Guardian
● Draghi Says ECB Action Can and Will Return Inflation to Goal | Bloomberg