Keep pulling the thread on London Climate.
Bloomberg Economics forecasts that U.S. monthly headline PCE inflation will be approximately 0.5%.
Bloomberg Economics predicts the annual U.S. PCE inflation rate will rise to approximately 4.1%.
Bloomberg Economics forecasts U.S. monthly core PCE inflation to be approximately 0.4%, which will increase the year-on-year rate to about 3.4%.
Stuart Paul predicts that U.S. inflation reached a local peak in May and expects disinflation to begin in June and continue through the second half of the year.
Stuart Paul believes the Federal Reserve could cut interest rates next year, with the decision depending on the trajectory of the labor market.
Bloomberg Intelligence estimates that $20 trillion will need to be spent globally on extreme weather events over the next decade.
72% of Global Fortune 500 companies now have at least one climate goal, which is a threefold increase since 2019.
Due to rising river temperatures used for cooling, French utility EDF has indicated it may need to limit power output from its nuclear plants.
The major El Niño event in 2015-2016 caused an estimated $7.6 trillion in economic damages globally.
The Reserve Bank of Australia recently left its official cash rate unchanged at 4.35%.
Stifel analysts are buyers of Carnival Cruise Lines stock ahead of its earnings report, believing the company has not experienced any deterioration in customer spending.
According to Bloomberg Intelligence, investors in Carnival Cruise Lines will focus on booking trends since March, when the company reported that 85% of its capacity had been sold.