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NY Fed inflation expectations ease modestly in the short term
The New York Fed Survey of Consumer Expectations shows that households’ inflation expectations decreased slightly over the short-term horizon and remained unchanged at the medium and longer-term horizons. One-year inflation expectations eased from 3.7% in June to 3.6% in July
Fxstreet
Fri, Aug 7
Federal Reserve: Fed focus shifts to jobs – ABN AMRO
ABN AMRO’s Chief Economist Nick Kounis highlights renewed US labour market weakness, with Nonfarm Payrolls falling and household employment data softening. He notes the unemployment rate declined as labour force participation dropped to multi-decade lows, signalling cyclical weakness.Fxstreet
Fri, Aug 7
Canada: Labour market resilience supports cautious Bank of Canada – NBC
National Bank of Canada (NBC) economists Matthieu Arseneau and Alexandra Ducharme highlight robust Canadian labour data for July, with 75.1K jobs added, a lower unemployment rate and stronger private-sector hiring.Fxstreet
Fri, Aug 7
India: Inflation steady, trade deficit persists – DBS
DBS Group Research’s Econs team expects India’s July inflation to remain steady at 4.4% year-on-year, with core readings staying below 4% thanks to softer precious metals. Food staples show mixed trends, while fuel price adjustments may lift utilities and fuel components.Fxstreet
Fri, Aug 7
US President Trump: Warsh is great and I won’t criticize him
United States (US) President Donald Trump said in an interview with Punchbowl, released during the European trading session on Friday, that a potential interest rate hike by the Federal Reserve (Fed) is not completely on Chairman Kevin Warsh, but on the entire board.Fxstreet
Fri, Aug 7
Canadian Dollar: Labour resilience favours CAD against US Dollar – TD Securities
TD Securities strategists expect Canada’s July Jobs Report to confirm ongoing labour market strength, with employment rising another 20k, matching consensus and extending the recovery of 2026 job losses.Fxstreet
Fri, Aug 7
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