Category: Headlines
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US Durable Goods * (Dec) 0.0% vs. Exp. 1.1% (Prev. 5.4%, Rev. 5.5%)
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US S&P Global Services PMI Flash (Jan) 52.9 vs. Exp. 51.0 (Prev. 51.4)
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US PPI exFood/Energy MM* (Oct) 0.0% vs. Exp. 0.3% (Prev. 0.3%, Rev. 0.2%)
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US Retail Sales MM * (Oct) -0.1% vs. Exp. -0.3% (Prev. 0.7%, Rev. 0.9%)
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Fed’s Barkin (2024) says Fed is making real progress on inflation Sees risks of both over and under correcting on inflation
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US CPI YY, NSA* (Oct) 3.2% vs. Exp. 3.3% (Prev. 3.7%)
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US Core CPI MM, SA* (Oct) 0.2% vs. Exp. 0.3% (Prev. 0.3%)
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POWELL SAYS FED WON’T HESITATE TO TIGHTEN MORE IF APPROPRIATE
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Fed Chair Powell says we are not confident we’ve achieved sufficiently restrictive stance
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ECB’s Centeno says we are at a plateau in terms of interest rates; policy is working and helping inflation to come down