LONDON, July 27- Sterling edged down against the dollar and euro on Wednesday, refusing to be lifted by second-quarter UK growth data that was stronger than had been expected, though backward-looking. Sterling hit the day's low of $1.3072 after the retail numbers, though it had recovered to trade just slightly lower on the day at $1.3122 by 1445 GMT, leaving it more... » Read More
Bill Smith, president of SAM Advisors, says the Fed's mandate goals on gross domestic product, inflation and jobless number are not realistic.
Radhika Rao, economist at DBS, explains why the first-quarter gross domestic product (GDP) from the euro zone will outperform the U.S.
San Francisco Federal Reserve President John Williams discusses lessons from the financial crisis, and how the Fed watches the impact to the financial markets.
San Francisco Federal Reserve President John Williams, discusses whether the Federal Reserve will signal markets with language that a rate hike is coming.
CNBC's Steve Liesman asks San Francisco Fed President John Williams about April's jobs data. Williams gives Liesman a "data dependent" t-shirt.
CNBC's Steve Liesman checks on economists' forecasts for first and second quarter GDP.
Jan Hatzius, Goldman Sachs chief economist, discusses his expectations for the jobs report and forecasts a rate hike.
April's 223,000 nonfarm payrolls were strong enough to signal a rebound, but weak enough to hold off Fed rate hikes until the second half of the year.
Thomas Perez, U.S. Department of Labor, weighs in on the jobs report as data shows the lowest unemployment rate in 7 years.
Rising interest rates spooked stocks far more than a warning from the Fed chair that the equities market is overvalued.
The widening in March's U.S. trade deficit, due to labor strikes at the West Coast Ports, suggests that the economy contracted in the first quarter, says Peter Boockvar, chief market analyst at The Lindsey Group.
Trade data is weighing on the markets Tuesday. CNBC's Steve Liesman checks on Q1 GDP forecasts.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss how today's weaker-than-expected trade data might impact first quarter GDP, as Greece debt woes resurface. Also Cashin is keeping an eye on the Russell 2000 for signs of negative influence.
As much as Bank Indonesia wants to support growth, the central bank's hands are tied amid higher inflation, says Euben Paracuelles, executive director & South East Asia economist at Nomura.
Wellian Wiranto, economist at OCBC, says the downward adjustment in Indonesia's growth forecasts reflects expectations as to how much the new government can achieve in the short term.
The bond market has turned into a punching bag for big investors, but strategists don't see yields moving much higher for now.
If the jobs report comes in strong on Friday, it could lead to a selloff of U.S. Treasurys that day, said a chief U.S. economist.
Wall Street is slowly coming to a grips with an economy that offers not breakout growth but more of the mediocrity that could keep rates on hold.
CNBC's Steve Liesman checks on GDP forecasts for the second quarter.
Erik Nielsen, global chief economist at UniCredit, explains why he doesn't think the world growth forecast is as bad as projected, and why he's "frustrated" with the IMF's conclusions.