Weekly Economic Briefings - Us Weekly Economic Briefing
This week’s better-than-expected GDP and jobs reports reinforced our view of an economy that is cooling but not falling off a cliff. While the consumer continues to show resilience to global headwinds – emboldened by a tight and healthy job market – businesses are turning increasingly cautious. with the US economy no longer fiscally insulated and businesses feeling the pinch from squeezed profit margins, momentum will continue to slow into 2020. Fed officials and Chair Powell struck just the right tone for financial markets at this week’s FOMC meeting by signaling a pause in rate cuts while maintaining a dovish lean. With the bar set high for further easing, we no longer expect a December cut. However, considering our outlook for cooler economic activity and a persistent inflation undershoot, we believe the Fed will be prompted to “reassess” and provide one additional rate cut in March 2020.
- The following represents a general Table of Contents outline for the US Weekly Economic Briefing.
- The actual report may cover any or all of the topics listed below.
- US Weekly Economic Briefings
- Highlights: Briefing on events-driven analysis for the week, which varies depending upon data.
- Credit Crunch Watch:
- Financial Stress and Monetary Conditions Indicators, along with discussion of their latest movements.
- Brief discussion of latest trends in the US and Eurozone economies.
- Detailed charts of the components of the Financial Stress and Monetary Conditions Indicators.
- Credit Crunch Timeline: Summary of major economic events since the beginning of the financial crisis.
- Latest Data in Detail: Charts and analysis on the important releases of the previous week, such as: inflation indicators, consumer confidence, retail sales, durable goods orders etc.
- The Week Ahead: Scheduled key data releases for the upcoming week, including information on previous data and forecast data.
- Key Economic Indicators: The previous year’s monthly data for a number of key macroeconomic indicators, including the unemployment rate, output, retail sales, inflation, and trade balance.
- Key Financial Indicators: The previous year’s monthly data for a number of key financial indicators including: Short and long term interest rates, key exchange rates, money supply, S&P 500, and reserves.