Global Economy Briefs
2022
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Bank of England intervenes in bond market
September 28 | Klaas de Vries, Former Senior Economist, The Conference Board | Comments (0)The Bank of England (BoE) took emergency measures on Wednesday in response to market turmoil, with prices of UK government bonds and the pound falling fast.
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Fed Policy May Trigger a More Severe Recession
September 21 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The Fed hiked interest rates by 75 basis points today and indicated that more large interest rate hikes are on the horizon.
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Retail Sales Rose in August Despite Inflation Headwinds
September 15 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Looking ahead, we expect consumer spending growth to fall into negative territory as the economy slips into recession.
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Inflation Fighting And Ensuring Fiscal Health Starts Now
September 13 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Dr. Lori Esposito Murray, Senior Fellow for National Security & Managing Director of CEO Programs, Council on Foreign Relations | Comments (0) -
Possible Freight Rail Strike Would Upend Supply Chain
September 13 | Erin McLaughlin, Senior Economist, ESF Center, The Conference Board | Comments (0)Main sticking points of negotiation are reportedly about workers’ ability to take time off, not wage increases.
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Core inflation offsets any improvement in energy prices
September 13 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The Consumer Price Index (CPI) slowed slightly to 8.3 percent year-over-year in August, vs. 8.5 percent in July.
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Consumer Spending Continues to be Buffeted by High Inflation
August 26 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)We expect the Fed to continue to raise rates into 2023 to tackle persistently high inflation.
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July retail sales flat as gasoline prices fell
August 17 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Looking ahead, we expect consumer spending growth to fall into negative territory as the economy slips into recession.
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July inflation eased somewhat, but remains high
August 10 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The Consumer Price Index (CPI) slowed to 8.5 percent year-over-year in July, vs. 9.1 percent in June.
