More Good Inflation News: David Berson's Economic Brief

Inflation Remained Low In June

Multi-Asset Mid-Year Outlook Global Growth Picture Supports Risk Assets

U.S. GDP Growth Beats Expectations, But Fails To Dent The Market's Faith In Rate Cuts

U.S. GDP Growth Beats Expectations, But Fails To Dent The Market's Faith In Rate Cuts. GDP grew an annualised 2.8% in second-quarter 2024. Core PCE deflator rose 2.9% annualised versus the 2.7% expectation.

Weekly Report: what happened at FTSD last week (0715-0719)?

Could The Fed Cut Interest Rates Twice In 2024?

US disinflation may lead to a third-quarter Fed rate cut. Recent data on US inflation shows that the disin inflationary process is picking up steam. I believe the Federal Reserve will cut before the end of the third quarter. I see room for more than one rate cut in 2024. S&P 500 companies are forecasted to deliver their highest year-over-year earnings growth.

3 Bad Narratives That Are Dead (But Will Persist)

3 Bad Narratives That Are Dead (But Will Persist) Cullen Roche: Raising interest rates does not cause inflation. He says the Great Financial Crisis created some of the worst narratives in finance and economics. In 2008, the Fed cut rates to 0% and many expected this to create hyperinflation risk.

Why The Fed's Picking Up Speed Toward Rate Cuts

Velocity Of Money Is No Longer A Huge Inflation Factor

The Fed Dithers While Inflation Withers

Weekly Market Pulse: The Soft Landing Zone

Weekly Report: what happened at FTSD last week (0708-0712)?

Will A Softer U.S. Inflation Reading Be Enough To Convince The Fed To Cut?

U.S. Inflation showed more signs of cooling in June, bolstering market expectations of a potential rate cut by the Fed. Sam Chai, VP for Active Fixed Income Portfolio Management at TD Asset Management, breaks down the latest CPI reading. Will a Softer U.s. Inflation Reading Be Enough To Convince The Fed To Cut?

Consumer Prices Decline In June

Consumer prices have grown 3.0 percent over the last year, the lowest 12-month rate since March 2021. Federal Reserve is trying to engineer a gradual disinflation but is getting outright deflation, says Alexander Salter. The energy component of the CPI fell 2.0% in June.

Easing Inflation: A Clear Path To A September Cut

June CPI reading significantly increases the likelihood of a Federal Reserve rate cut in September. Headline CPI fell to -0.1% month-on-month, the first negative print since May 2020. The data indicates a broad weakening in price pressures. Despite the encouraging data, the Fed still needs more evidence of sustained inflation.

2024 Midyear Global Outlook: Waves Of Transformation

Home Market Outlook Today's Market 2024 Midyear Global Outlook: Waves Of Transformation. We see a new wave of investment into the real economy, transforming economies and markets. The world could be undergoing a transformation on par with the Industrial Revolution. The race to build out AI, the low-carbon transition and the rewiring of supply chains could spur major capital spending.

Global Market Perspectives Q3 2024: Losing Some Of The Shine

U.S. Growth is softening as lower-income households feel the bite of higher interest rates. There is U.S economic moderation, but cyclical upturns elsewhere. A first Fed rate cut could occur in September. Global inflation will unlikely reach central bank targets until late 2025.

Beneath The Skin Of CPI Inflation: Historic Plunge In Durable Goods Prices, Plunge In Gasoline, And Outliers In Services

Consumer Price Index for June was pushed down by plunging gasoline prices, plunge in prices of durable goods, and outliers in services. In June, core services prices rose at the smallest pace since the summer of 2021. The CPI fell by 4.1% year-over-year in June, the biggest drop since 2003.

June CPI Marks Progress Along The Last Mile To Inflation Target

Chart Of The Week: More Signs Of Disinflation

Thursday's CPI report was a big downside surprise as more signs of disinflation appeared across the economy. Core CPI rose 0.06% in June, the lowest rate since 2021. Core services were actually negative in June for the first time since the pandemic began. The Fed is getting closer to the "all clear" on rate cuts.