Three Must-See Charts About the U.S. GDP Report

The video discusses the US GDP growth, highlighting a disappointing 1.2% increase, and examines wage growth through the employment cost index. It explores consumer spending's role in supporting the economy, despite weak business investment, partly due to oil's impact. The University of Michigan survey reveals consumer confidence amid market volatility. The BOJ's decision to relax dollar funding constraints for Japanese banks is analyzed, considering its effects on Libor and financial conditions.

What does the University of Michigan survey indicate about consumer confidence?

What action did the BOJ take regarding dollar funding for banks?

How are Japanese banks affected by the changes in dollar funding costs?