US Retail sales surged 1.7% last month, the Commerce Department said on Tuesday. Data for September was revised higher to show retail sales increasing 0.8% instead of 0.7% as previously reported. Sales have now risen for three straight months. Strong U.S. retail sales data last week add...
US Industrial Production 1.6%, Exp. 0.9%, Last -1.3% Mfg Production 1.2%, Exp. 0.9, Last -0.7%
BULLARD: I HAVE TWO 2022 RATE HIKES MARKED, DEPENDING ON DATA COULD ARGUE THAT THE TAPER IS ALREADY PRICED IN COULD ALLOW BALANCE-SHEET RUNOFF AT END OF TAPER
BULLARD: I HAVE TWO 2022 RATE HIKES MARKED, DEPENDING ON DATA COULD ARGUE THAT THE TAPER IS ALREADY PRICED IN COULD ALLOW BALANCE-SHEET RUNOFF AT END OF TAPER
U.S. retail sales rose in October for a third month as higher prices boosted merchant receipts and household demand remained resilient. The value of overall retail purchases increased 1.7% last month, the most in seven months, following a upwardly revised 0.8% advance in September, Com...
The U.S. dollar showed its best week in almost five months against major peers last week, amid bets for earlier Federal Reserve interest rate hikes after data this week showed the fastest U.S. inflation in three decades. The U.S. consumer price index surged 6.2% on an annual basis, with...
US Consumer prices are expected to have risen 0.6% last month and 5.8% over the prior year, according to estimates. Excluding the cost of food and fuel, core inflation is projected to be 4.3% on a year-over-year basis.
US PPI 0.6% M/M, Exp. 0.6% PPI Core 0.4% M/M, Exp. 0.5% PPI 8.6% Y/Y, Exp. 8.6% PPI Core 6.8% Y/Y, Exp. 6.8%
Last week, The Fed announced a $15 billion monthly cut to its $120 billion in monthly purchases of Treasuries and mortgage-backed securities, but chair Jerome Powell said the U.S. central bank would be patient in deciding when to raise its benchmark overnight interest rate from near-zero levels.
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