Macro News: Difference between revisions

'''<code>8</code> April 13:'''Core PPI(month-over-month) beats estimates  

'''<code>8</code> April 5:'''U.S service sector cooled in March [[Purchasing Managers Index#:~:text%3DApril%205%2C2023.%20The%2C%5B1%5D.|[2]]]

'''<code>8</code> March 31:'''U.S core PCE was better than estimate in February [[Personal Consumption Expenditure#:~:text%3DMarch%2031%2C%202023%2C%5B1%5D.|[3]]]

'''<code>8</code> March 31:'''Euro zone headline inflation decelerated significantly but core inflation continues to rise [[Euro Zone Inflation#:~:text%3DMarch%2031%2C%202023%2C%5B3%5D.|[4]]]

'''<code>8</code> March 21:'''Sales of existing homes exceeded estimate [[Home Sales#:~:text%3DMarch%2021%2C%202023%2Csupply).%5B1%5D|[5]]]

'''<code>8</code> March 16:'''ECB raises interest rates by 50 basis points despite bank turmoil in U.S [[ECB#:~:text%3DMarch%2016%2C%202023%2Cstatement.%20%5B1%5D|[6]]]

'''<code>8</code> March 15:''' February Producer Price Index beats estimates [[Producer Price Index#:~:text%3DMarch%2015%2C%202023%2C%5B2%5D.|[7]]]

'''<code>8</code> March 14:'''US Consumer Price Index came in-line with expectations in February [[Consumer Price Index:Historical Releases/2023 February|[8]]]

'''<code>9</code> March 10:'''February US payroll numbers came in above the estimates [[US Payrolls Report#:~:text%3DMarch%2010%2C%202022%2C%5B1%5D.|[9]]]

'''<code>10</code> March 7:'''Federal Reserve Chair Jerome Powell said interest rates are likely to be higher than anticipated [[Federal Reserve#:~:text%3DMarch%207%2C2023%20Powell%20testimony%20with%20Congress:%20Federal%20Reserve%20Chair%20Jerome%20Powell%20said%20interest%20rates%20are%20likely%20to%20be%20higher%20than%20anticipated.%20%22If%20the%20totality%20of%20the%20data%20were%20to%20indicate%20that%20faster%20tightening%20is%20warranted%2C%20we%20would%20be%20prepared%20to%20increase%20the%20pace%20of%20rate%20hikes%2C%22%20He%20said.%20%5B3%5D|[10]]]

'''<code>8</code> March 3:'''US service sector remained steady in February [[Purchasing Managers Index#:~:text%3DMarch%203%2C%202023%2C%5B1%5D.|[11]]]

'''<code>8</code> March 2:'''Euro Zone core inflation surges [[Euro Zone Inflation#:~:text%3DMarch%202%2C%202023%2CMay.%5B4%5D|[12]]]

'''<code>8</code> March 1:'''Minneapolis Federal Reserve Bank President Neel Kashkari open-minded to 25 or 50 basis points rate hike in the next FOMC meering [[Federal Reserve#:~:text%3DMarch%201%2C%202023%2C%5B5%5D.|[13]]]

'''<code>8</code> March 1:''' ISM survey indicates that US manufacturing sector remained in contraction territory in February [[Purchasing Managers Index#:~:text%3DMarch%201%202023%2C%5B2%5D.|[14]]]

'''<code>9</code> February 24:'''U.S core PCE rose more than expected in January [[Personal Consumption Expenditure#:~:text%3DOn%20February%2024%2Cincreased%200.6%20percent.|[15]]]

'''<code>8</code> February 21:'''S&P U.S Global PMI ended seven months of being in the contraction territory. [[Purchasing Managers Index#:~:text%3DOn%20February%2021%2CJanuary%5B3|[16]]]

'''<code>8</code> February 21:'''S&P Euro Zone PMI growth recorded a nine-month high [[Purchasing Managers Index#:~:text%3DOn%20February%2021%202022%2C%20S%26P%20Global%20said%2Cexpectations%20of%20a%20reading%20of%2051.0.%5B3%5D|[17]]]