October 17, 2023   United States: US Retail Sales Top Forecasts in Sign of Durable Consumer Demand US retail sales increased in September by more than forecast in a broad advance that suggests durable household demand as the third quarter drew to a close. The value of retail purchases, unadjusted for inflation, increased 0.7% after

October 13, 2023   United States: Fed’s Harker Reiterates Call for Holding Interest Rates Steady Federal Reserve Bank of Philadelphia President Patrick Harker said disinflation is under way and reiterated that he favors holding interest rates where they are, barring a sharp change in data. “I believe that we are at the point where we

October 12, 2023   Gas Price Movement - October 12, 2023   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no

October 12, 2023   United States: US Consumer Prices Rise at Brisk Pace for Second Straight Month US consumer prices advanced at a brisk pace for a second month, reinforcing the Federal Reserve’s intent to keep interest rates high and bring down inflation. The so-called core consumer price index, which excludes food and energy costs, increased

October 11, 2023   United States: US Producer Prices Rise by More Than Forecast on Gasoline, Food Prices paid to US producers rose by more than forecast in September, bolstered by higher energy costs that continue to wrinkle the path toward sustainably lower inflation. The producer price index for final demand advanced 0.5% from a month earlier,

October 10, 2023   United States: New York Fed’s Perli Says Balance-Sheet Runoff Smooth, Eyes Risk A senior official at the Federal Reserve Bank of New York said the central bank’s balance-sheet runoff has been running smoothly with “no significant” disruptions to markets, but the Fed will continue to monitor for risks. “Recently, our implementation

October 9, 2023   United States: Fed’s Logan Says Higher Yields May Mean Less Need to Raise Rates Federal Reserve Bank of Dallas President Lorie Logan said the recent surge in long-term Treasury yields may mean less need for the US central bank to raise its benchmark interest rate again. “Higher term premiums result in

October 6, 2023   United States: US Hiring Surges, Bolstering Case for Another Fed Rate Hike US employment unexpectedly surged in September, illustrating a durable labor market and bolstering the case for another Federal Reserve interest-rate hike. Nonfarm payrolls increased 336,000 last month — the most since the start of the year — after sizable

October 5, 2023   Gas Price Movement - October 5, 2023   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no

October 5, 2023   United States: Fed’s Bid to Avoid Recession Tested by Yields Nearing 20-Year Highs The Federal Reserve may be putting its hoped-for soft landing of the economy at risk by tacitly accepting a run-up in long-term interest rates to the highest levels since 2007. The surge — 10-year Treasury yields rose more