demand Archive

U.S. and Eur Data/GDP Downgrades

Karim writes: U.S. data on the soft side (October) Most notable is core durable goods orders (capex has been gwth leader of late) falling 1.8% and 3mth annual rate slowing to 4% from 7.3% Core shipments (more important for current quarter growth) down 1.1% Personal spending up 0.1%. Personal income up 0.4% ...Read More

Demand destruction

[Skip to the end] Note the ‘demand destruction’ refers to the slowing of the growth of demand, not a contraction. Oil Demand Forecast [top] ...Read More

Re: Kohn to ROW- You hike, not us (today’s speech)

[Skip to the end] (an interoffice email) On Thu, Jun 26, 2008 at 7:48 AM, Karim wrote: >    >    >    Global Economic Integration and Decoupling Vice Chairman Donald L. Kohn At the International Research Forum on Monetary Policy, Frankfurt, Germany June 26, 2008 For the moment, higher headline rates of inflation have ...Read More