Facing the rising risk of a growing global oil glut, OPEC blinked, announcing on Sunday that it would pause a planned increase in oil production next year. ... READ MORE >| The Real Economy Blog
The number of container ships sailing from China to the United States dropped considerably in October, pushing down costs. ... READ MORE >| The Real Economy Blog
Economies in Asia continue to grow despite U.S. disruptions to the global supply chain. ... READ MORE >| The Real Economy Blog
Policy rate cuts by the Bank of Canada and the U.S. Federal Reserve are in response to both countries’ economies absorbing adverse policy shocks along with a slowing pace of hiring and wage growth. ... READ MORE >| The Real Economy Blog
The Federal Reserve on Wednesday moved to end its balance sheet runoff, or quantitative tightening, to address increasing liquidity strains across short-term funding markets.| The Real Economy Blog
China has blacklisted imports of U.S. soybeans and corn, bringing those exports to a halt. A bailout for U.S. farmers is coming together in Congress. ... READ MORE >| The Real Economy Blog
The Cleveland Fed’s Inflation Nowcasting model estimates that the CPI will have reached 3% in September and the first weeks of October. ... READ MORE >| The Real Economy Blog
As the government shutdown continues, we expect a 0.25% drag on GDP per week, or 1% per month. ... READ MORE >| The Real Economy Blog
The U.S. Customs and Border Protection agency is collecting tariffs at a rate of $30 billion per month compared with the $6.8 billion per month normally collected from importers. ... READ MORE >| The Real Economy Blog
The yield spread between French and German 10-year government bonds is spiking as France’s government once again comes under pressure.| The Real Economy Blog
