The Bank of Japan raised short-term interest rates by 25 basis points yesterday "effective immediately". As seen in the first graph here, money markets began to factor this change into their trading last Friday, when the key policy [...]
Introducing
Carol Stone, CBE
in:Our Authors
Carol Stone, CBE came to Haver Analytics in 2003 following more than 35 years as a financial market economist at major Wall Street financial institutions, most especially Merrill Lynch and Nomura Securities. She has broad experience in analysis and forecasting of flow-of-funds accounts, the federal budget and Federal Reserve operations. At Nomura Securites, among other duties, she developed various indicator forecasting tools and edited a daily global publication produced in London and New York for readers in Tokyo. At Haver Analytics, Carol is a member of the Research Department, aiding database managers with research and documentation efforts, as well as posting commentary on select economic reports. In addition, she conducts Ways-of-the-World, a blog on economic issues for an Episcopal-Church-affiliated website, The Geranium Farm. During her career, Carol served as an officer of the Money Marketeers and the Downtown Economists Club. She has a PhD from NYU's Stern School of Business. She lives in Brooklyn, New York, and has a weekend home on Long Island.
Publications by Carol Stone, CBE
Global| Feb 16 2007PPI Eases with Lower Energy; Core Rate Steady
The producer price index for finished goods fell 0.6% following its 0.9% rise in December. This result was close to consensus forecasts of a 0.5% decline. It was, as anticipated, led by a drop in energy prices; this ran 4.6%. Food [...]
- Global| Feb 16 2007
PPI Eases with Lower Energy; Core Rate Steady
The producer price index for finished goods fell 0.6% following its 0.9% rise in December. This result was close to consensus forecasts of a 0.5% decline. It was, as anticipated, led by a drop in energy prices; this ran 4.6%. Food [...]
- Global| Feb 16 2007
Housing Starts Drop Hard in January, Falling to Lowest in 9-1/2 Years
Housing starts in January fell 14.3% from December to 1.408 million, the lowest volume since August 1997. They were 37.8% below January 2006. Consensus expectations called for a decrease, but only a modest one, 2.6%, to 1.600 million. [...]
- Global| Feb 16 2007
PPI Eases with Lower Energy; Core Rate Steady
The producer price index for finished goods fell 0.6% following its 0.9% rise in December. This result was close to consensus forecasts of a 0.5% decline. It was, as anticipated, led by a drop in energy prices; this ran 4.6%. Food [...]
- Global| Feb 15 2007
Japan GDP Gains at 4.8% AR in Q4, Fastest in Almost 3 Years
Japan's GDP surged upward 4.84% in Q4 at an annual rate, the Cabinet Office reported early today in Tokyo. Forecasters had looked for 3.8-3.9% growth, according to news service surveys. It was the largest quarterly gain since Q1 2004 [...]
- Global| Feb 15 2007
Industrial Production Falls Unexpectedly by 0.5% in January
Total U.S. industrial production decreased by 0.5% last month. Revisions to December and November data were mixed, pushing the December total up to a 0.5% gain from 0.4% reported before and holding November at the -0.1% change [...]
- Global| Feb 15 2007
Industrial Production Falls Unexpectedly by 0.5% in January
Total U.S. industrial production decreased by 0.5% last month. Revisions to December and November data were mixed, pushing the December total up to a 0.5% gain from 0.4% reported before and holding November at the -0.1% change [...]
- Global| Feb 14 2007
UK Unemployment Steadies; Modest Employment Growth
Employment in the UK rose 7,000 in the November period, a third successive monthly increase in this 3-month moving average. Over the last three months (the style of comparison that the UK's Office for National Statistics [ONS] [...]
- Global| Feb 09 2007
OECD Leading Index Up in December
The Leading Index of the major 7 OECD economies rose 0.2% in December after a like gain during November. The index's six-month growth rate for December was 1.2%, up from 1.1% reported a month ago. There were scattered minor revisions [...]
- Global| Feb 09 2007
OECD Leading Index Up in December
The Leading Index of the major 7 OECD economies rose 0.2% in December after a like gain during November. The index's six-month growth rate for December was 1.2%, up from 1.1% reported a month ago. There were scattered minor revisions [...]
With increasing attention to "climate change", some very simple data take on more prominence. The National Climatic Data Center, a division of the National Oceanic and Atmospheric Administration of the Commerce Department, maintains [...]
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