ECRI's leading U.S. index ticks upThe Economic Cycle Research Institute's U.S. gauge rose 0.9 point 14 the week ended Aug. 29 to 126.3, ending a 7-week losing streak. The 4-week annualized growth rate improved to -11.7% from the prior week's long-time low of -11.8%. It's still flashing big recession signals.
ECRI's future inflation gauge for the U.S. dived to a 6-year low in Aug., amid falling commodity prices and weakening job markets. European price pressures ease
ECRI's future inflation gauge for the euro zone fell to a 9-month low of 107.2 from 108.9 in June. But that's still near May's 8-year high. Euro zone inflation has likely peaked but the European Central Bank can't let down its guard vs. a wage-price spiral, ECB policymakers said.
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