Interpret U.S. Economic Indicators

Author: Li Zaohang
Publisher:
Publish Date: 2003-02-01
Features: This book is organized in the order of the timing and importance of economic indicator releases. It starts with basic economic indicators, analyzing the interactive relationships and impacts between economic indicators, the Federal Reserve's operations, and fluctuations in financial markets. It outlines a clear and concise line connecting economic indicators, the Federal Reserve's operations, and changes in financial markets, providing readers with basic analytical methods and tools for understanding the U.S. financial market. The content is divided into three main parts: Introduction, Economic Indicators and Financial Markets, and the Operations of the Federal Reserve and the Treasury.
The Introduction primarily explains the cyclical nature of the U.S. economy, stocks, and interest rates, the major U.S. financial markets, the relationship between economic indicators and financial market changes, and the Federal Reserve's monetary policy, providing a broad background for the specific discussion of economic indicators. The section on Economic Indicators and Financial Markets decomposes, analyzes, and describes the basic impact of 17 important U.S. economic indicators on the market, with examples for analysis. The section on the Operations of the Federal Reserve and the Treasury comprehensively explains the functions, roles, monetary policy formulation, open market operations, and the issuance and operation of U.S. Treasury bonds of the Federal Reserve.