The Anecdotal Surge, The Core Inflation Call
Econoday Unplugged is an unscripted conversation between key members of our economics team. They exchange ideas on factors influencing global financial markets today and hone in on important upcoming economic events that will impact financial markets tomorrow.
In the U.S., consumer and business confidence are soaring but have yet to translate into substantial gains for actual economic data. In Europe, overall inflation is nearing 2 percent but not core inflation which could move in reverse.