๐Ÿ“ˆ Macroeconomics

Inflation Alert! Bank of Japan when raising interest rates today: 'The functioning of bond markets has deteriorated, particularly in terms of relative relationships among interest rates of bonds with different maturities and arbitrage relationships..."

Inflation Alert! Bank of Japan when raising interest rates today: 'The functioning of bond markets has deteriorated, particularly in terms of relative relationships among interest rates of bonds with different maturities and arbitrage relationships between spot and futures markets.' Source: https://www.boj.or.jp/en/announcements/release_
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! Fresh off yesterday's report that confidence among homebuilders plummeted for a record 12th month in December, U.S. single-family homebuilding dropped to a 2.5-year low in November and permits for future construction nose dived.

Source: https://www.census.gov/construction/nrc/pdf/newresconst.pdf Fresh off yesterday's report that confidence among homebuilders plummeted for a record 12th month in December, U.S. single-family homebuilding dropped to a 2.5-year low in November and permits for future construction nose dived. 2022 United States
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Builder confidence in the market for newly built single-family homes posted its 12th straight monthly decline in December, dropping two points to 31, according to data released today. This is the lowest confidence reading since mid-2012

Source: https://www.nahb.org/news-and-economics/press-releases/2022/12/reflecting-a-weakening-housing-market-builder-confidence-declined-every-month-in-2022 High mortgage rates, elevated construction costs running well above the inflation rate and flagging consumer demand due to deteriorating affordability conditions have dragged builder sentiment down every month in 2022. Builder confidence in the market for newly built single-family homes
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! PCE inflation in the past 12 months was 5% with a 0.2% rise in October. In his speech yesterday, JPow stated: โ€œCore inflation often gives a more accurate indicator of where overall inflation is headedโ€

Source: https://www.bea.gov/news/2022/personal-income-and-outlays-October-2022 The PCE Price Index Excluding Food and Energy, also known as the core PCE price index, is released as part of the monthly Personal Income and Outlays report. The core index makes it easier to see the underlying inflation trend by excluding
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics