Tag: sitka-pacific-

Personal Income, Consumer Spending Rise Less Than Expected; PCE Price Index Negative; 4th Quarter Acceleration Coming Up?
October 30, 2015 0

Personal Income, Consumer Spending Rise Less Than Expected; PCE Price Index Negative; 4th Quarter Acceleration Coming Up?

By News Desk

Personal Income, Consumer Spending Weaker Than Economists Expect Today’s Personal Income and Outlays report came in below Consensus Estimates . Inflation is not building based on the Fed’s favorite reading, the core PCE price index which inched a lower-than-expected 0.1 percent higher in September with the year-on-year rate steady and flat at only plus 1.3 percent

As Draghi Hints at More QE, German Bond Yields Hit Record Low Negative Yields; Economic Madness
October 22, 2015 0

As Draghi Hints at More QE, German Bond Yields Hit Record Low Negative Yields; Economic Madness

By News Desk

Those expecting more monetary madness were rewarded today when the ECB Opens the Door to December Stimulus as expected. The European Central Bank signalled it would expand its €1.1tn quantitative easing programme in December and cut its deposit rate should the slowdown in emerging markets threaten the eurozone’s economic recovery. The euro plunged 1.67 per cent against the dollar to $1.116 after Mario Draghi, the ECB’s president, said policymakers’ measures would need to be “re-examined†in December