Latest News for: Economist index

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Vanguard offers surprising view on Fed interest rates

Aiken Standard 25 Jul 2024
Economists at Vanguard see things a bit differently ... The economists anticipate the PCE price index, excluding food and energy, to hit 2.9% year-on-year in December, up from 2.6% in May ... That’s based on the MSCI US Broad Market Index.
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US business activity edges higher; pricing power diminishing

Colorado Springs Gazette 24 Jul 2024
Composite PMI Output Index, which tracks the manufacturing and services sectors, edged up to 55.0 this month ... Economists polled by Reuters had forecast the index for the sector, which accounts for 10.3% of the economy, little changed at 51.7.
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Rental prices drop for the first time in two years, data reveals

NewstalkZB 24 Jul 2024
... decreased for the first time since 2022, according to Trade Me’s Rental Price Index for June 2024.
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Reason to cheer, Keir? Boost for the economy as manufacturing activity reaches two-year high

The Daily Mail 24 Jul 2024
July's S&P global flash composite purchasing managers' index rose to 52.7 from June's six-month low of 52.3, coming in a tad higher than forecast ... Ashley Webb, an economist at Capital Economics, said.
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Not all bad then, Chancellor? Closely-watched PMI figures show economy surging as Rachel Reeves...

The Daily Mail 24 Jul 2024
The tax burden is already running near a post-war high ... Any score above 50 on the index represents expansion. It came in slightly above the expectations of economists who had pencilled in a reading of 52.5 for the latest survey ... .
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USD/RUB: Ruble sits and waits for Russia’s rate hike

Invezz 23 Jul 2024
The headline Consumer Price Index (CPI) rose to 8.6% in June from 8.3% in the previous month ... Economists expect the bank will increase interest rates from 16%, where they have remained since December to 18%.
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USD/CAD forecast ahead of the BoC decision, US PCE data

Invezz 23 Jul 2024
The most recent data showed that the headline Consumer Price Index (CPI) dropped to 2.7% in June from 2.7% in May ... Economists expect the data to show that the economy expanded by 1.9% in the second quarter after growing by 1.4% in Q1.
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Stock market today: US stocks rise as traders try to come back after worst week ...

Business Insider 22 Jul 2024
Second-quarter GDP data will be released Thursday morning, with economists expecting growth of 1.9% ... Economists expect the June Core PCE index to rise 2.5% year over year, which is not far off from the Fed's long-term inflation target of 2%.
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Stock market today: Tech drives market rebound as investors brace for earnings and fresh data

Business Insider 22 Jul 2024
Second-quarter GDP data will be released Thursday morning, with economists expecting growth of 1.9% ... Economists expect the June Core PCE index to rise 2.5% year over year, which is not far off from the Fed's long-term inflation target of 2%.
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Home ownership out of reach even for £70k high earners

AOL 22 Jul 2024
Just 44pc of workers earning over £71,250 – around twice the national average wage – could afford to buy a house where they currently live, a new home affordability index has suggested. Economists ...
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Bitcoin And Crypto Enter What Could Be The Biggest Week Ever: Key Events

Bitcoinist 22 Jul 2024
Big week for economic data … Bloomberg consensus of economists expects June core PCE price index to come in at +0.1% m/m for a second straight month.
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Jill On Money: Still coping with inflation

SiliconValley.com 22 Jul 2024
When the government released the June Consumer Price Index, there was a sigh of relief among economists. Related Articles. Business . ... It means that the overall rate of price increases is slowing down, a condition that economists call “disinflation.” ... .
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Downshifting US Inflation Will Help Reassure the Fed

Live Mint 20 Jul 2024
; Economists expect the personal consumption expenditures price index minus food and energy — due on Friday — to have risen 0.1% in June for a second straight month ... Collins, economists ... Economists ...
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Aussie couples are now delaying buying a house until they know what Aussie interest rates ...

The Daily Mail 20 Jul 2024
CoreLogic economist Kaytlin Ezzy said this was a sign aggressive rate rises were discouraging buyers, including many couples, from buying a home until they knew what interest rates would do ... index.
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Fed faces wave of data before deciding on interest rate cut

Gulf Today 20 Jul 2024
Inflation, based on the Fed’s preferred personal consumption expenditures price index, was 2.6% in May, and many economists expect it to dip to 2.5% or lower when the data for June is released on July 26.

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