Data
Eurozone industrial activity likely to decline, analysts say
French and Spanish increase is unlikely to offset German contractions, observers argue
Eurozone inflation expectations remain stagnant
Consumers’ 12-month expectations remain unchanged at 3.4%
House prices suffer steepest fall since global financial crisis
BIS data shows sharp falls in many advanced economies, though prices are still up on 2010
US wage expectations rising, says NY Fed labour market survey
Both lowest acceptable transitionary wage and expected salary hit series highs
China’s new lending slumps to lowest since 2009
Analysts believe PBoC has limited room to cut interest rates amid current yuan weakness
China slips into deflation
Risk of Japan-style deflation exists but can be avoided, analyst says
Government employment has not recovered from pandemic – Fed
Low wages could be responsible from 450,000 missing state and local government workers in US
BoE enters new phase of data transformation project
Team is now developing options to address challenges identified in phase one
German economy remains stagnant in Q2
Official figures show no growth as outlook for eurozone largest economy’s remains weak
Machine learning pushes frontier of forecasting
AI techniques are starting to transform central banks’ modelling
PBoC holds key rate amid lacklustre GDP growth
Chinese economy grew 6.3% in second quarter, missing expectations by a full percentage point
No significant risk of US recession – St Louis Fed research
Sahm Rule and leading economic data indicate low – but not zero – recession risk
Eurozone consumer inflation expectations down ‘significantly’
ECB data shows median 12 months ahead expectations fell to 4.1% in April
Eurozone inflation declines sharply in May
Core inflation declines from 5.6% to 5.3%
Financial security of US households ‘fell sharply’ in 2022
Inflation comes first in list of financial worries, Fed survey finds
US household debt passes $17 trillion
Mortgage originations fall to lowest level since 2014
Regnology cements regtech-suptech dominance with Metadata acquisition
Series of bank collapses underscores need for timely data on firms’ regulatory metrics
Eurozone inflation rises to 7% in April
Core inflation declined to 5.6%, but energy prices grew again
UK inflation still in double digits in March
Analysts think MPC likely to vote for at least one further rate increase
Eurozone headline inflation drops sharply
But core figure remains high as service price rises persist
Layoffs higher in US tech industry – St Louis Fed
Data shows layoffs in “information industry” were up over 65% compared with April 2022
Global liquidity driven higher by derivatives and euro lending
BIS statistics show contraction in dollar lending to emerging and developing economies
Japanese inflation hits 41-year high
Inflation now double the BoJ’s target, but officials are not convinced it will last
Inflation falls more than expected ahead of Fed meeting
Inflation expectations also drop, prompting calls for caution from the Fed