U.S. | Job Growth Strong as Nonfarm Payrolls Jump to 295K, Unemployment Drops to 5.5%
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Employment growth continued its +200K run in February for the twelfth consecutive month. Nonfarm payrolls increased a massive 295K following ...
Chile: Once again CPI inflation above expectations in February
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CPI increased 0.4% MoM in February (+4.4% YoY), above both our expectations and those of the market (at 0.2% MoM). Nonetheless, the measure ...
U.S. | Unemployment Rate Falls to 5.5% in February as Job Growth Holds Strong
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Nonfarm payrolls increased 295K in February, with 288K private and 7K government. The unemployment rate dropped to 5.5% as the participation ...
Can international macroeconomic models explain low-frequency movements of real exchange rates?
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Real exchange rates exhibit important low-frequency ‡ fluctuations. This makes the analysis of real exchange rates at all frequencies a more sound exercise than the typical business cycle one, which compares actual and simulated data after the Hodrick-Prescott …lter is applied to both. A simple two-country, two-good, international real business cycle model can explain the volatility of the real exchange rate when all frequencies are studied. ...
Monthly inflation in February stood at 1.15%, taking the annual print up to 4.36%.
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The National Statistics Department (DANE) released CPI data for February. According to the report, February’s print stood at 1.15% MoM, ...
Inflation reached its highest level in ten years in February
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After moving above 7.0% in January, inflation reached 7.7% in February, the highest level since May 2005. The adjustment in the prices of ...
Improved economic activity in Chile, in line with the expected support via natural resources and fiscal ...
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Inflation picked up in Colombia in February, and is now above the target range of the central bank; nevertheless we maintain our forecasts ...
Spain | Industrial Production showed a marginal improvement in January
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In January Industrial Activity evolved slightly better than expected. However, the results should be cautiously assessed: first because they ...
China’s Banking System
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Challenges ahead, but there are ways out other than a crisis