Week Ahead

The Economic Week Ahead: September 23-27

Sep 22, 2024 3 min read paid

This week's economic indicators should confirm our view that the Fed cut the federal funds rate (FFR) by 50bps (rather than 25bs) last week just as the economy is rebounding from its recent soft patch. Fed Governor Chris Waller's Friday comments on CNBC suggest even previously hawkish FOMC members are now onboard Chair Jerome Powell's easing train. Meanwhile, regional manufacturing surveys (Tue & Thu)

Ed Yardeni

The Economic Week Ahead: September 16-20

Sep 15, 2024 3 min read paid

The main event this week is the FOMC meeting (Wed). The Fed is widely expected to cut the federal funds rate (FFR), but with a heated debate over whether it will be 25bps or 50bps. Perhaps more important than the size of the first cut will be the Summary of Economic Projections (SEP), which will provide Fed officials' updated forecasts for real GDP growth, the unemployment rate, inflation, and

Ed Yardeni

The Economic Week Ahead: September 9-13

Sep 8, 2024 3 min read paid

This week's economic indicators will be primarily focused on inflation. Barring any unexpected surprises on the inflation front, the financial markets may care more about the few labor market indicators. The FOMC entered the blackout period ahead of its September meeting yesterday, sparing markets from an extra source of volatility. We expect the combination of a normalizing hiring, inflation, and interest rate environment (a.k.a. Immaculate Disinflation)

Ed Yardeni

The Economic Week Ahead: September 2-6

Sep 2, 2024 2 min read paid

The shortened week ahead is an important one for labor market indicators. We expect them to show that August's employment continued to grow at a solid pace, and better than July's pace, which was weakened by bad weather. That should lift bond yields, the dollar, and cyclical sectors of the S&P 500. Here's more: (1) Employment. August's employment report (Fri)

Ed Yardeni

The Economic Week Ahead: August 26-30

Aug 25, 2024 3 min read

This week will include the first clues on the economy's performance in August. We're expecting to see confirmation of ongoing labor market strength in the month's consumer confidence survey (Tue) and initial unemployment claims (Thu). Some of August's improvement should be a bounce back from July's weather-depressed economic activity, which may be reflected in July's personal income release

Ed Yardeni

The Economic Week Ahead: August 19-23

Aug 18, 2024 3 min read paid

The week ahead is light on economic data. However, there will be lots of news coming out of Jackson Hole, Wyoming from Thursday through Saturday as many of the world's central bankers gather for their annual meeting near the Grand Teton mountain range. Most important will be Fed Chair Jerome Powell's speech on Friday at 10:00 a.m. (EST). Many other central bankers from the

Ed Yardeni

The Economic Week Ahead: August 12-16

Aug 11, 2024 3 min read paid

The week ahead is packed with economic reports. In addition, more Fed talking heads are likely to opine on last week's financial markets volatility and the monetary policy outlook. As market prognosticators debate the speed and size of coming interest rate cuts, the most important indicators are likely to be those closely tied to the Fed's dual mandate. Here's what we're watching

Ed Yardeni

The Economic Week Ahead: August 5-9

Aug 4, 2024 3 min read paid

The week ahead is relatively light in terms of economic reports. It's also light on talking Fed heads. But, we won't be surprised if one or two of them pops up on CNBC. We think they might push back against the rate-cut mob that is calling for a 50bps cut in the federal funds rate in September. It would be a shame if they joined in

Ed Yardeni

The Economic Week Ahead: July 29-Aug 2

Jul 28, 2024 2 min read paid

The week ahead is packed with economic indicators, but all eyes will be on the Fed's interest rate decision on Wednesday and payroll employment on Friday. We don't expect the Fed will alter the stance of monetary policy at the July meeting, but Fed Chair Jerome Powell could signal that a September cut to the federal funds rate (FFR) is likely. That's because as

Ed Yardeni

The Economic Week Ahead: July 22-26

Jul 21, 2024 3 min read paid

The week ahead is jampacked with key economic indicators, including the first read on Q2's real GDP and June's PCED inflation rate. We're expecting robust economic growth and further progress toward the Fed's 2.0% inflation target. The latest regional business survey might also confirm our forecast that the goods-producing sector is entering a rolling recovery. Here's our outlook for

Ed Yardeni

The Economic Week Ahead: July 15-19

Jul 14, 2024 3 min read paid

The economic week ahead will include updates on industrial production and business sales of goods, as well as retail sales. The upshot is likely to be another all-time high for June's Index of Coincident Indicators (Thu), as confirmed by S&P 500 forward earnings per share which climbed to another new record high during June (chart). When profits grow, the economy grows. During the current earnings reporting

Ed Yardeni

The Economic Week Ahead: July 8-12

Jul 7, 2024 3 min read paid

Last month, lower-than-expected CPI and PPI inflation readings for May, along with rising unemployment claims for June, raised market expectations that the Fed will ease monetary policy sooner rather than later. The week ahead will be dominated by inflation data and jobless claims that are likely to confirm that the economy is in a disinflationary soft patch. That could boost both stock and bond prices. Consider the following: (1) CPI.

Ed Yardeni

Page 7 of 13