Category: Headlines
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US Industrial Production MM* (Mar) 0.4% vs. Exp. 0.2% (Rev. 0.2%)
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Fed’s Waller (voter, hawk) says recent data shows the Fed hasn’t made much progress on inflation goal, rates need to increase further; policy needs to remain tight for a substantial period, longer than what markets anticipate
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Fed’s Goolsbee (voter) says when you have financial tightening occurring, that does the work of monetary policy; still have several weeks before the May meeting
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US Retail Sales Ex-Autos MM * (Mar) -0.8% vs. Exp. -0.3% (Prev. -0.1%)
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US Retail Sales MM * (Mar) -1.0% vs. Exp. -0.4% (Prev. -0.4%, Rev. -0.2%)
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ECB’s Vasle says underlying inflation is moving in the wrong direction; mulling 25 and 50bps rate hike options for May
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US PPI Final Demand MM* (Mar) -0.5% (Prev. -0.1%)
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US PPI exFood/Energy MM* (Mar) -0.1% vs. Exp. 0.3% (Rev. 0.2%)
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FOMC MINUTES: Participants left rate projections unchanged from December after taking into account banking sector stresses
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FOMC MINUTES: Participants left rate projections unchanged from December after taking into account banking sector stresses