Daily Brief: Wage Growth Cools to 0.8% — Real Paychecks Shrink as Inflation Outruns Workers
The Employment Cost Index rose 0.8% in Q3, matching forecasts and cooling from 0.9%. But real wages fell 0.6% as 3.7% CPI eats the raise — especially...
Daily Brief: GDP Surges 3.4% But Inflation Holds Firm — The Fed’s Boxed In
Q3 GDP blew past expectations at 3.4%, but September PCE inflation accelerated to 3.6%. A day after the Fed held rates, the data confirms: no cuts...
Daily Brief: Trading Partner Inflation Check — September 2026
Trading partner inflation check: US hits 3.7%, India surges to 5.54%, and energy costs drive prices higher across the board. The inflation differential...
Daily Brief: Trade Prices Surge Completes a Hat-Trick of Hot Inflation Data
Import prices surged 1.1% in September, export prices jumped 2.2% — capping a week where CPI, PPI, and trade data all came in hot. The Fed's rate-cut...
Daily Brief: PPI Surges to 6.3% as Wholesale Inflation Blows Past Every Forecast
Wholesale inflation surged to 6.3% in September — a full point above consensus — while retail sales crushed estimates and Philly Fed manufacturing...
Daily Brief: CPI Runs Hot at 3.7% as Gasoline Soars and Core Reaccelerates
September CPI ran hot at 3.7% as gasoline jumped 9.1% and core inflation reaccelerated to 2.6%, squeezing real wages and spooking markets.
Daily Brief: Small Business Optimism Dips Below 50-Year Average on Eve of CPI
NFIB optimism fell to 97.9 in September as inflation fears jumped and only 7% of owners saw a good time to expand. The data lands just before...
Daily Brief: CPI Week Arrives — September Inflation Report Headlines a Data Deluge
Markets are closed for Columbus Day, but Tuesday brings the September CPI report. Consensus at 3.7% YoY. Here's everything coming this week.
Daily Brief: GDP Revised to 2.2% — Q2 Economy Was Stronger Than Anyone Thought
GDP revised up 0.7pp to 2.2% as PCE inflation cools to 3.4% YoY. Consumer spending surges 0.6% but monthly inflation ticks higher. The soft landing...
Daily Brief: The Week the Fed’s Bet Gets Tested
Jobs, PCE, ISM, and GDP all drop this week in the most consequential data gauntlet since the Fed's September rate hike. Here's what to watch.