Economy in Brief

Italian inflation is low and falling. The HICP was up by 0.4% year-over-year in January to 0.2% over 12 months in February. The month-to-month change in February saw a drop of 0.2% after a flat performance in January. Italy, once one [...]

The Empire State Manufacturing Index of General Business Conditions fell to -21.5 during March from 12.9 in February. It was the weakest reading since March 2009. A level of 5.0 had been expected in the Action Economics Forecast [...]

The Federal Reserve lowered the target for the Fed Funds rate by 100 basis points to a range of 0.00% to 0.25%. In the Fed's press release, it stated "The coronavirus outbreak has harmed communities and disrupted economic activity in [...]

The Federal Reserve lowered the target for the Fed Funds rate by 100 basis points to a range of 0.00% to 0.25%. In the Fed's press release, it stated "The coronavirus outbreak has harmed communities and disrupted economic activity in [...]

The Federal Reserve lowered the target for the Fed Funds rate by 100 basis points to a range of 0.00% to 0.25%. In the Fed's press release, it stated "The coronavirus outbreak has harmed communities and disrupted economic activity in [...]

The Federal Reserve lowered the target for the Fed Funds rate by 100 basis points to a range of 0.00% to 0.25%. In the Fed's press release, it stated "The coronavirus outbreak has harmed communities and disrupted economic activity in [...]

The National Association of Realtors reported that its Fixed Rate Mortgage Housing Affordability Index improved 4.1% m/m (9.2% y/y) to 168.4 in January following a 1.2% decline during December. It was the highest level of [...]

Import prices declined during 0.5% (-1.2% y/y) during February after holding steady in January. A 1.0% decline had been expected in the Action Economics Forecast Survey. These figures are not seasonally adjusted and do not include [...]