Are central banks correctly assessing macro data?

Also today: Investors are watching U.S. economic data for indications as to the timing of an increase in interest ratesConsumer spending climbed 0.4 percent last month after falling 0.1 percent in July, while gains in personal income accelerated, according to Bloomberg News surveys before today’s Commerce Department data at 8:30 a.m. Washington time.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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