The recent turmoil in emerging markets hasn’t deterred the Federal Reserve from lifting interest rates at next month’s monetary policy meeting, according to analysts, Fed funds futures, and the recent trend in inflation-adjusted base money supply.
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Daily Archives: August 16, 2018
Macro Briefing: 16 August 2018
Senior Chinese officials to visit US for trade talks: Politico
Trump revokes former CIA Director Brennan’s security clearance: The Hill
US retail spending up more than expected in July: LA Times
Growth in US industrial output slowed sharply in July: CNBC
NY Fed Mfg Index posted solid gain for August: NY Fed
Business inflation expectations remain steady at 2.1% for Aug: Atlanta Fed
US builder confidence in Aug fell to lowest level in 2018: HousingWire
Productivity in US jumped to highest level in over 3 years in Q2: MW
Benchmark 10yr Treasury yield trending lower again, dipping to one-month low: