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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessAll 12 districts saw their economies............>
FED: All 12 districts saw their economies expanding at a modest to moderate pace
ahead of Hurricane Harvey's landfall, the Beige Book said Wednesday. Though too
soon to gauge the full extent of the storm's impact, Fed noted "broad
disruptions to economic activity" in the Dallas, Atlanta districts, with many
firms closed and a fifth of oil, natural gas production in Gulf of Mexico
offline. Gas supplies were expected to be tight in SE due to pipeline
disruptions, and spot freight prices jumped in Richmond District as freight was
redirected. Consumer spending rose in a majority of Districts but auto sales
were mixed, stoking worries over prolonged auto slowdown. Auto sales could see
temporary boost in Harvey aftermath.) Labor markets remained tight but wage
pressures still limited. Price levels rising 'modestly' overall; input costs
increased but pass-through to consumer limited. See Main Wire story.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.