I have been quite surprised at how resilient our economies have been and that has been the case in Europe. So we feared the worst and we had the bad but it wasn't as bad as we had anticipated in terms of growth uh inflation employment. I think that the economies have been very resilient and much more so than we had anticipated.How are tariffs affecting Europe's economy. Well, there is the direct impact and the indirect impact. In terms of direct impact, Europe has 17% of its trade with the United States.So, ...

Core Insights - The absence of official labor data due to the government shutdown has created uncertainty in the market, with private reports indicating a gradual deceleration in the labor market [1][5]. Labor Market Indicators - The ADP National Employment Report for September indicated a decline of 32,000 jobs, marking one of the weakest readings since the pandemic, released just as the government shutdown began [2]. - Revelio Labs' Public Labor Statistics reported a modest gain of 60,000 nonfarm jobs for September, while Indeed's job postings showed a sharp decline throughout the year, reinforcing the narrative of a cooling labor market [3]. - The Challenger Job Cuts Report revealed that 948,000 job cuts have been announced this year, the highest year-to-date total since 2020, with 299,000 cuts from the government sector [4]. Hiring Trends - Employers have announced plans to hire only 205,000 workers this year, the lowest year-to-date hiring figure since 2009, indicating a stagnant labor market [4]. - The combination of these private data sources suggests a weakening labor market, with hiring activity at some of the lowest levels seen since 2009 [5]. Implications for Monetary Policy - For the Federal Open Market Committee (FOMC), these figures provide justification for potential rate cuts to support employment, although this stance may change if inflation accelerates unexpectedly [5].

Economic Outlook - Thailand's consumer price index is projected to remain below 1% until early 2027 [1] - Monetary policy alone may be insufficient to address the low inflation issue in Thailand [1]

🇺🇸 TODAY: Fed Chair Powell will speak at 12.20 P.M. ET on Economic Outlook and Monetary Policy.Will he mention rate cuts? https://t.co/FmX2veAIns ...

Singapore kept its monetary policy unchanged amid stronger-than-expected economic growth despite the risks from President Donald Trump’ global trade war. https://t.co/3lvdHoXaUR ...

By Michael S. Derby (Reuters) -In her first speech as head of the Philadelphia Federal Reserve, Anna Paulson said on Monday that rising risks to the job market argue for more interest rate cuts by the U.S. central bank, as trade tariffs are unlikely to push up inflation as much as expected. "Given my views on tariffs and inflation, monetary policy should be focused on balancing risks to maximum employment and price stability, which means moving policy towards a more neutral stance," Paulson said in the t ...

Andrew Bailey Bank of England Governor Andrew Bailey arrives in Washington this week under even more than the usual scrutiny. He’s now clearly the key vote on a sharply divided Monetary Policy Committee. Most Read from Bloomberg The governor has the opportunity to signal his allegiances in two appearances alongside the International Monetary Fund and World Bank meetings at a time when a number of prominent economists have started warning that markets are underpricing the chance of further interest-rate c ...

Group 1 - The S&P 500 has shown significant gains of 24% in 2023 and 23% in 2024, indicating a strong bull market rally with record levels recently achieved [1] - Growth stocks, particularly those involved in the artificial intelligence (AI) sector, are leading the market due to investor excitement about the technology's potential, with forecasts suggesting the AI market could reach trillions in the early next decade [2] - The Federal Reserve's recent interest rate cuts are beneficial for companies and consumers, supporting growth stocks and the overall stock market [3] Group 2 - Despite a strong market, concerns arose earlier in the year regarding President Trump's tariff plans, which initially caused stock declines; however, flexibility in tariff implementation and corporate adaptability restored investor confidence [5] - Strong corporate earnings have contributed to market optimism, with 79% of S&P 500 companies exceeding revenue estimates and over 80% surpassing earnings forecasts in Q2, significantly above the historical average of 60% [6] - The S&P 500 has achieved multiple record highs, driven by optimism in AI stocks and an improving economic environment [8]

Singapore’s central bank is expected to leave monetary policy unchanged this week as it weighs subdued inflation and the lingering threat of US trade measures against a resilient domestic growth outlook. https://t.co/koEpK9ZJZJ ...

Group 1 - The M2 money supply in the U.S. has reached a record $22.2 trillion, which could indicate potential issues for the stock market [2][7] - M2 is a critical monetary aggregate that influences economic growth, inflation, and stock market performance [2][3] - The Federal Reserve's monetary policy, particularly its interest rate adjustments, significantly impacts the M2 supply [4][5] Group 2 - Following a period of tightening monetary policy from early 2022 to late 2023, M2 began to rise again in October 2023 as banks anticipated rate cuts and increased lending [5][6] - An increase in the money supply can lead to higher consumer spending, which may contribute to inflation if it outpaces economic growth [6] - The current increase in money supply is pushing stock valuations to historically high levels, indicating a potential bubble [7][8]