Tag Archives: USA

US: Fed hike likely delayed until September – Q4 ECI and GDP review

Today’s data imply that the odds of a June Fed rate hike have diminished further.

Job growth remained brisk in December, reinforcing our view that the economy’s fundamentals are strong enough to

S labour market data have been decent, but December job growth will not

Euro area December CPI expected to show prices down from a year ago

Headline CPI is currently held down by sliding oil prices,

We expect nonfarm payrolls to gain 240,000 in November,

The Big Picture presents our view of the global economy and outlook for US, euro area, Japan and China.

Recent monthly economic indicators and business surveys show continued moderate global economic growth

Real GDP rose at a 3.5% annual rate in Q3, after a 4.6% pace in Q2 when activity rebounded after the weather-related slump in Q1.

While payrolls growth remained above the 200k mark in July, a rise in the unemployment rate and

We expect today’s jobs and ISM reports to show continued solid improvement. All eyes on average hourly earnings.

Just a month after releasing the annual report on the U.S. economy, the International Monetary Fund downgraded the 2014 growth