Deeper Analysis
August 2023 in Figures
August 31, 2023
During August, the stock market indices in this monthly feature fell between 1.6% and 3.4%. The 10-year U.S. Treasury yield’s rise of 14 basis points exceeded increases in the comparable Japanese, British and Canadian sovereign debt yields, and German and Swiss yields posted modest declines. The Bank of England’s base rate was raised 25 basis […] More
New Overnight Developments Abroad - Daily Update
Slew of Data Released on Final Day of August
August 31, 2023
U.S. personal income and consumption expenditure growth in July defied expectations in opposite ways. Personal spending climbed 0.8% on month (0.6% adjusted for inflation), while income growth slowed to 0.2%. Downtrends in total and core U.S. inflation according to the PCE price deflator partly reversed with the former increased 0.3 percentage points to 3.3% and […] More
