U.S. Document Vault
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In one line: Sentiment supported by the July/August surge in stock prices.... More by Ian Shepherdson
An Interruption to the Downward Trend in U.S. Cases, or a Reversal?... More by Ian Shepherdson
The near-real-time economic data have been hard to read recently, because of distortions caused by the Labor Day holiday.... More by Ian Shepherdson
In one line: Initial claims now barely falling; Housing starts hit by hurricanes; Philly Fed better than headlines.... More by Ian Shepherdson
The Fed yesterday formally adopted outcome-based forward guidance, setting out the conditions under which rates will rise: "The Committee... expects it will be appropriate to maintain this target range [0-to- 0.25%] until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time."... More by Ian Shepherdson
In one line: Still rising, but not for much longer if Congress fails to act.... More by Ian Shepherdson
The decline in U.S. hospitalizations is slowing; test positivity still high.... More by Ian Shepherdson
It's not clear if the first FOMC meeting since the release of the Fed's new Monetary Policy Strategy will bring any real shift in policy, though we think it unlikely that policymakers will seek immediately to add weight to their forward interest rate guidance.... More by Ian Shepherdson
In one line: The rebound contiunues, but at a slowing pace.... More by Ian Shepherdson
In one line: Manufacturing is growing, but momentum has stalled.... More by Ian Shepherdson
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