Key Events This Quiet Week: SLOOS, Consumer Sentiment And Barrage Of Fed Speakers
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
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Dealers Fret Student Loan Payments May Boost Delinquencies
The New York Fed doesn’t expect student loan repayments to significantly impact auto loan repayments, but others aren't convinced.
New York United States Barry Coleman Consumer Expectations National Foundation For Credit Counseling New York Federal Reserve
Source: wardsauto.com
As millions of former students restart loan payments, states size up sales tax revenue impacts
A former student shifting few hundred dollars from discretionary spending or savings to restarted loan repayments doesn’t have much effect , but millions doing so has a major impact.
Source: inforum.com
Dealers Fret Student Loan Payments May Boost Delinquencies
The New York Fed doesn’t expect student loan repayments to significantly impact auto loan repayments, but others aren't convinced.
New York United States Barry Coleman National Foundation For Credit Counseling Consumer Expectations New York Federal Reserve
Source: wardsauto.com
What Bangko Sentral's interest rate hike means for consumers and the economy
Rate hikes make credit more expensive with the goal of controlling inflation, but this also means people and businesses have less money to spend, potentially slowing down the economy
Source: rappler.com
As millions of former students restart loan payments, states size up sales tax revenue impacts
When millions of debtors restart payments and spend less on other things after not having to make payments since the pandemic began, the impact can add up quickly.
Source: minnpost.com
BoC to Hold Key Overnight Rate Steady Next Week
Economic data releases since the Bank of Canada opted to forego an interest rate hike in September have been mixed, but we expect that they on net have made a hike at next week’s decision unlikely. Inflation has surprised on the upside relative to the central bank’s last forecasts in July. But most of that was driven by rising energy inflation more recently as global oil prices edged higher. The latest CPI data for September also looked decidedly better, with slower growth in the BoC’s pre...
Labour Force Canadian Survey On Consumer Expectations Business Outlook Survey Canadian Survey Consumer Expectations Labour Force Survey
Source: actionforex.com
Calendar: What investors need to know for the week ahead
A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead.
New York United States United Kingdom Jerome Powell United Airlines Holdings Inc Abbott Laboratories
Source: theglobeandmail.com
Multilingual AI Assistants Boost Voice Tech Appeal Despite Uneven Adoption
Is your smart voice assistant speaking your language? With how technology is fast evolving, the likelihood of that answer being “yes” grows stronger with each…
Source: biztoc.com
Canada: Business and Consumer Sentiment Measures Weaken in Q3
According to the Bank of Canada Business Outlook Survey (BOS) Canadian business sentiment continued deteriorating in the third quarter of 2023. The BOS indicator, a statistical summary of survey results, was -3.51 in 2023 Q3, down from -2.15 in 2023 Q2. This is the indicator's lowest level in over a decade, except for a brief period early in the COVID 19 pandemic.
Canada Business Outlook Survey Canadian Survey Of Consumer Expectations Canadian Survey Consumer Expectations
Source: actionforex.com