The June US PCE report confirms that prices in the services sector are swinging lower again after a pretty hot first quarter. As the...

More commentary to follow...

US data on growth and inflation is not following the rate cut script...

Another strong payrolls report for March means that employment growth picked up in Q1:2024.

After Wednesday's FOMC meeting, the Fed signaled that they expect to make 3 rate cuts by the end of this year, and another 3 next year....

The update to the NFIB survey underlines what small cap underperformance has been telling us...

Euro area goods demand should be resurgent...after a prolonged period of weakness, euro area retail sales should be recovering...they aren't

Looking at core inflation less shelter, you could say that we have reached a growth rate that is consistent with the Fed's target of 2%....

For most intents and purposes inflation is now running close to 2% per annum, or even slightly below...

The flash Purchasing Managers' Index (PMI) data for December indicates that output price pressures have stabilised within the 'normal'...

Friday's US employment report showed that the rate of private payroll gains ticked up slightly, but at 1.3% the annualised rate in...

The Fed isn’t yet confident that it has done enough to return inflation to target, but equally not confident that it hasn’t done enough....

After 2 very benign CPI reports for June and July the August report was slightly more concerning. The good news is that core inflation...

G4 flash PMI Data for May confirm that the incipient recovery in global production has dipped...

Limbo: in a state of uncertainty, up in the air, in abeyance, betwixt and between. (Collins Dictionary). Stuck between heaven and hell...

Competition for workers has been fierce but it now seems to be cooling down. Perhaps the Fed can afford to be more patient.

In February, the non-manufacturing sector accelerated and job creation stayed strong. However, data suggests labour supply has improved...

Jobs and disposable income are up, but now consumers are looking for savings.

Near-term prospects for global growth continue to improve