Tag Archives: weekly

Comerica Economic Weekly

The big news of the week was the widely expected non-action by the Federal Reserve, keeping the fed funds rate unchanged at the September 20-21 FOMC meeting. Importantly, Janet Yellen, in her post-announcement press conference, reaffirmed her expectation that interest … Continue reading

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Comerica Economic Weekly

U.S. economic data leading into the upcoming Federal Open Market Committee meeting next week did nothing to change our view that the Fed will once again leave the fed funds rate unchanged. Fed Governor Lael Brainard had the opportunity to … Continue reading

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Comerica Economic Weekly

It was a light week for data, but Fed commentary is heating up as several Federal Open Market Committee members have recently made public statements. Loretta Mester (Federal Reserve Bank of Cleveland), John Williams (San Francisco), Jeffrey Lacker (Richmond), Esther … Continue reading

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Comerica Economic Weekly

It was a heavy week for U.S. data releases. Key metrics were softer than expected, pulling down the odds of a September 21 fed funds rate hike. The August jobs report left something to be desired as it showed that … Continue reading

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Comerica Economic Weekly

It was a fairly light week for data, but a heavy week for Fed-watching as the Federal Reserve Bank of Kansas City hosted their annual retreat in Jackson Hole, Wyoming, yesterday and today. This morning, Janet Yellen delivered a speech   … Continue reading

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Comerica Economic Weekly

Lower energy prices kept consumer inflation at bay in July as the Consumer Price Index was unchanged. Core CPI (all items less food and energy) increased by 0.1 percent in July, the weakest increase since March. Over the year ending … Continue reading

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Comerica Economic Weekly

U.S. data released this week were mixed on Q3 economic growth. Labor market indicators remain positive this summer. The Job Openings and Labor Turnover report released by the Bureau of Labor Statistics showed that both the job openings rate and … Continue reading

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Comerica Economic Weekly

It was a good week for U.S. economic data, showing ongoing support for consumer spending and better manufacturing conditions than we anticipated. July data suggests that the third quarter got off to a good start, despite weaker-than-expected real GDP growth … Continue reading

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Comerica Economic Weekly

As we get a more complete read on the second quarter, a complex picture emerges. On one hand, we see a stronger consumer sector, but a consumer sector whose appetite for new cars may be sated. Low energy prices are … Continue reading

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Comerica Economic Weekly

U.S. economic data released this week was generally positive and consistent with an ongoing moderate GDP expansion in the third quarter. The Conference Board’s Leading Economic Index for June increased by 0.3 percent, consistent with our expectations of an ongoing … Continue reading

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