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Dr. Domenico Giannone from the International Monetary Fund will speak in our building here at Western Washington University on October 2 from 4-5:30pm presenting his paper "The Drivers of Post-Pandemic Inflation." No cost, you are welcome to join. Contact for more information.
The nation’s major container ports are expected to see another busy month in September ahead of a potential labor strike at East Coast and Gulf Coast ports.
September Import Cargo to Remain Elevated Ahead of Possible Port Strike
buff.ly
Major U.S. container ports are expected to see another busy month in September ahead of a potential labor strike.
July 2024 sales of merchant wholesalers were $671.0 billion, up 1.1 percent (+/- 0.4 percent) from last month. End-of-month inventories were $903.5 billion, up 0.2 percent (+/- 0.2 percent)* from last month. ![]()
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July 2024: +0.2* % Change in Inventories![]()
June 2024 (r): 0.0* % Change in Inventories
Since the global financial crisis of 2008, home prices adjusted for inflation are up about 2 per cent in Europe and 25 per cent in Japan — but more than 50 per cent in the US.
While a Fed cut this month is virtually assured, bond traders are divided on how fast the reductions will come and its impact. Meanwhile, options markets are preparing wagers tied to the US election. Also in sharp focus is a weakening jobs landscape and whether the Fed can avoid a hard landing.
China Deflation Risk Grows as Signs of Economic Weakness Mount. Slowest core CPI since 2021 boosts case for stronger stimulus. Weak demand puts China’s growth target of around 5% at risk. buff.ly/4dTuHAx
Thoughts on the Latest Economic News