Pantheon Macroeconomics - We have not been expecting the Fed to raise rates next week, and yesterday's data made a hike even less likely. The September Philly Fed and Empire State surveys were alarmingly weak everywhere except the headline level, and the official August production data were grim.

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16 September. 2016 Something Bad Happened to Industry in August, Will it Last?

By Ian Shepherdson

We have not been expecting the Fed to raise rates next week, and yesterday's data made a hike even less likely. The September Philly Fed and Empire State surveys were alarmingly weak everywhere except the headline level, and the official August production data were grim.

Posted: 15th Sep 2016 in 'U.S. Documents'

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