Newest estimate for 4Q GDP growth from the Atlanta Fed The Atlanta Fed has raised its forecast for 4Q GDP to 2.8% from 2.6% last week The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2018 is on December 3, up from 2.6 percent on November 29. The…
Bundesbank bank president speaks in Frankfurt ForexLive
Adds, inflation around target Feds Lael Brainard is speaking at New York Fed treasury market conference. The Board of Governor member (permanent voting member) adds:
China Securities Journal on the RMB, yuan, CNY …. whatever you want to call it! USD/CNY unlikely to rise above 7 this year There isn’t much time left is there?
NY conference on the Treasury market We have already had Fed’s Quarles who has said: In a little bit, Feds Williiams will be speaking at a NYconference on the treasury market. It may not lead to initial comments on his view of policy at the start, but Q&A could solicit some insight.
Chair of the Federal Reserve System speech on the Fed website, dated December 3 There is nothing on monetary policy in the remarks, but he does say this on the US economy (in brief but link below to the full speech):
The December meeting of the Reserve Bank of Australia monetary policy board is today – announcement due at 0330 GMT – the announcement will accompanied by the statement from Governor Lowe Earlier previews:
Minutes of the November 8 FOMC meeting The thing about the Minutes is that they always have something for everyone. For the doves, there is the talk of more of a focus on data. For the hawks, there is the
What to look for in the FOMC minutes The Fed is back in focus at the top of the hour with the FOMC minutes. I don’t think they’re going to be of much interest because Powell and Clarida basically updated their views in comments this week.
Inflation data from the Dallas Fed Many FOMC members like this as a gauge of underlying inflation. It’s a one-month annualized reading and even though it’s ticked higher, it’s comfortably below 2.0%.