July 24, 2023 United States: Economists See US Recession Odds at 50% or Less in New Survey A strong majority of business economists now say the odds of the US entering a recession in the next 12 months are 50% or less, according to a National Association for Business Economics survey. Some 71% of
July 21, 2023 United States: US Recession Becomes Closer Call as Economists Rethink Forecasts Some of the forecasters who were first out of the box to predict a US recession are starting to hedge their bets as inflation ebbs and the economy remains resilient. Deutsche Bank Vice Chair of Research Peter Hooper and Fannie
Gas Price Movement - July 20, 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 part of their compensation was,
July 20, 2023 According to estimates from the statistical office of the European Union (Eurostat), in May 2023, compared with April 2023, seasonally adjusted production in the construction sector increased by 0.2% in both the euro area and the EU. In April 2023, production in construction decreased by 0.6% in the euro area and by
July 20, 2023 United States: Fed Seen Hiking Final Time to a 22-Year Peak in Economist Survey Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends a 16-month hiking cycle that has been the most aggressive fight against US inflation in 40 years. The Federal Open Market Committee will
July 19, 2023 According to England’s Office of National Statistics (ONS) the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.3% as at June 2023, down from 7.9% in May. The Consumer Prices Index (CPI) rose by 7.9%, down from 8.7% in May. On a monthly basis, CPIH rose by 0.2% in
July 19, 2023 According to the statistical office of the European Union (Eurostat), in June 2023, the Euro area annual inflation rate was 5.5%, down from 6.1% reported in May 2023. The prior year’s rate was 8.6%. Annual inflation in the European Union was 6.4% in June 2023, down from 7.1% in May 2023. A
July 19, 2023 United States: US Housing Starts Fell in June After Surging in Prior Month New US home construction retreated in June after surging a month earlier, to a pace that still indicates builders are working to fill the void left by lean housing inventory in the resale market. Residential starts fell 8%
July 18, 2023 United States: Yellen Sees Disinflation Pressures at Work as Hiring Surge Fades Treasury Secretary Janet Yellen said a cooling — but not faltering — labor market is playing a key role in helping to slow US inflation, among a raft of factors imposing disinflationary pressures. “The intensity of hiring demands on
July 17, 2023 United States: G-20 Latest: US Wants Principles in Zambia Debt Deal for Others Group of 20 finance ministers and central bank governors begin two days of meetings Monday, with participants set to discuss items including reform of multilateral development banks, debt relief for stressed developing nations and sustainable finance. The gathering
