🇺🇸U.S. High Frequency Indicators Show No Meaningful Slowdown: Cable FX Macro
- Rosbel Durán
- Nov 2, 2022
- 1 min read
U.S. economic data is not showing signs of a meaningful slowdown after a series of Fed rate hikes. We know monetary policy works with a lag of about a year, but it is worth tracking for any sign of progress
In a recent post, we highlighted that the Fed has more work to do since financial conditions indicators remain within this year's range. This means that monetary conditions have not continued to tighten as the Fed hikes
In terms of mobility, airline passengers continue to rise heading into holidays. On the consumer demand front, sales remain stable
Some easing has been recorded on industrial demand, however, the weakness is marginal
A score of financial markets pointed at a rebound in the S&P 500, while the FCI is off 2022 lows
U.S. high-frequency internet jobs postings remain very resilient, as well as jobless claims holding close to recent lows
**The high-frequency indicator dashboard is compiled by Bloomberg Intelligence, we arranged the data to provide a closer look into recent weekly developments
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