1 / 16

The Fed Challenge Rony Byas, Tina Byrne, Tashdid Hasan, Changhyon Hwang, Vincent Lo

Stay informed on key economic indicators such as GDP, consumer confidence, unemployment, and housing during the 2008 economic downturn. Understand trends and forecasts for inflation, employment, and financial markets.

jbrecht
Download Presentation

The Fed Challenge Rony Byas, Tina Byrne, Tashdid Hasan, Changhyon Hwang, Vincent Lo

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Fed Challenge Rony Byas, Tina Byrne, Tashdid Hasan, Changhyon Hwang, Vincent Lo November 10, 2008

  2. GDP Contracts in the Third Quarter Source : Federal Reserve Bank of New York

  3. Consumer Confidence Plummets in October Source : The Conference Board

  4. Consumer Spending Continues to DecreaseMonthly and YoY % Change 3rd Quarter Personal Consumption Expenditures RDI 0.1% Real Disposable Income PCE -0.4% Shaded areas indicate US recessions Source : Federal Reserve Bank of St. Louis

  5. Unemployment Rate Continues to Rise October 6.5 Shaded areas indicate US recessions Source : Federal Reserve Bank of St. Louis

  6. Nonfarm Payroll Employment Continues to Decline Monthly and YoY % Change Monthly Change (Left Scale) % Change Year Over Year (Right Scale) October -240,000 Shaded areas indicate US recessions Source : Federal Reserve Bank of St. Louis

  7. ISM Manufacturing Index Experiences a Sharp Plunge October 38.9 Shaded areas indicate US recessions Source : Federal Reserve Bank of St. Louis

  8. Housing Starts on a Steep Decline Monthly Change (Thousands of Units) 817K 544K Source : U.S. Census Bureau

  9. Housing Prices Have Been on a Gradual DeclineCase-Shiller 10 and 20 Composite YoY % 16.6% 17.7% Source : Standard and Poor’s

  10. U.S. Home Foreclosure Filings on the RiseMonthly Change September 266,000 Source : RealtyTrac

  11. Housing Problems Concentrated in Key Areas of the Country Source : First American CoreLogic

  12. Difference Between 3-Month LIBOR Rate and 3-Month Treasury Yield TARP passed Lehman Brothers files for bankruptcy Credit crisis begins Source : Bloomberg

  13. Commercial Paper Market in Distress Risk premiums have been elevated.. .. and issuance of new commercial paper has declined. Source : The Federal Reserve Board

  14. Numerous Programs Have Been Implemented to Restore Economic Stability Source : Credit Suisse

  15. Inflation Starting to Moderate Core CPI and Core PCE YoY% Change October Core CPI 2.5% 2.4% Core PCE Shaded areas indicate US recessions Source : Federal Reserve Bank of St. Louis

  16. Inflation Expectations Have Been Easing10-Year TIPS Spread 97 bps Source : The Federal Reserve Board

More Related