December 12, 2024 United States: US Wholesale Inflation Unexpectedly Accelerates on Food Costs US wholesale inflation unexpectedly accelerated in November as a surge in egg prices masked more mild costs elsewhere. The producer price index for final demand rose 0.4% from a month earlier, the most since June, according to a Bureau
December 11, 2024 United States: US Core Inflation Stays Firm With Fourth-Straight 0.3% Increase US consumer prices continued to rise in November at a pace that is fueling concerns the progress toward taming inflation is stalling. The so-called core consumer price index — which excludes food and energy costs — increased 0.3% for a
December 10, 2024 United States: US Small-Business Optimism Soars to Three-Year-High After Trump Win US small-business optimism surged in November to a more than three-year high in anticipation of more favourable economic policies after Donald Trump sealed his return to the White House. The National Federation of Independent Business optimism index jumped
December 09, 2024 The seasonally adjusted unemployment rate for the euro area was 6.3% in October 2024, down from 6.6% in October 2023 but constant from September 2024. In October 2024, the unemployment rate in the EU was 5.9%, a decrease from 6.1% in October 2023 but stable compared with September 2024. Eurostat estimates that 12.971 million persons
December 9, 2024 United States: Bond Traders See Inflation Data Key to Timing Next Rate Cut Bond traders are hoping to coast to the end of a volatile year — unless a surprise jump in inflation throws them another curve. Treasuries extended their recent rebound on Friday after the monthly jobs report indicated
December 6, 2024 United States: US Payrolls Rebound From Storms and Strikes, Rising by 227,000 The US job market returned to health last month after a storm- and strike-constrained October, with a solid advance in payrolls helping to temper concerns of a worsening slowdown in labor demand. Nonfarm payrolls increased 227,000 last month
