๐Ÿ“ˆ Macroeconomics

Inflation Alert! Ahead of Thursday's CPI numbers, the Federal Reserve bank of Cleveland daily โ€œnowcastsโ€ shows October with CPI at 8.09% and PCE at 6.23%

About Inflation Nowcasting The Federal Reserve Bank of Cleveland provides daily โ€œnowcastsโ€ of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the consumer price index (CPI). Nowcasts are estimates or forecasts of the present. The Cleveland Fed produces nowcasts of the current period&
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

ICYMI Weekend Review (October 31st-November 4th): A recap with analysis of this Week's Major U.S. Economic Reports, Fed Speakers, and Statements.

Hello r/Superstonk, I hope everyone is enjoying a nice start to the weekend! This is another attempt at tying posts and happenings from the week in one spot. MONDAY, OCT. 31 Report/SpeechPeriodPreviousActualSuperstonk Coverage:Chicago PMIOct.45.745.2chicago_pmi_dropped TUESDAY, NOV. 1 Report/SpeechPeriodPreviousActualSuperstonk Coverage:S&
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Federal Reserve Alert! Fed releases Financial Stability Report, their framework for assessing the resilience of the U.S. financial system and presents the Boardโ€™s current assessment.

They see as vulnerabilities: Asset valuations, Borrowing by business and households, Leverage, and Funding Risks. Source: https://www.federalreserve.gov/publications/files/financial-stability-report-20221104.pdf Against this backdrop, our view of the current level of vulnerabilities is as follows: 1. Asset valuations. Higher interest rates and a weaker outlook for the
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics

Inflation Alert! Boston Fed President Susan Collins today in speech: โ€œIt is premature to signal how high rates should go,โ€ "A focus on the level โ€“ not the pace- is what resolveโ€™ looks like in this second policy phase,โ€

Source: https://www.brookings.edu/wp-content/uploads/2022/11/Susan-M-Collins-Remarks-Brookings-Nov-4-2022.pdf Good morning, and thank you for having me speak with you today. It is truly a pleasure to be hosted by the Brookings Institution for this talk. My association with the Brookings Economic Studies area extends back some 30
dismal-jellyfish ๐Ÿ“ˆ Macroeconomics