SignalPlus Morning Briefing : Shots Fired
TL;DR — “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent”…
TL;DR — “The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent”…
Yesterday (January 30th), the U.S. December JOLTS job openings data was recorded at 9.026 million, exceeding the expected 8.75 million and marking a new high for the past three months….
Relatively quiet data day yesterday, with the largest items on the agenda likely being Treasury funding announcement. In short, the Treasury cut its borrowing estimate in Q2 by 6.9% to…
Last Friday, the US economic data was strong, with the overall core PCE in December increasing by 0.17% month-over-month, and existing home sales recording one of the strongest monthly increases…
Markets ended last week on more robust US data with headline core PCE coming in at 0.17% MoM in December, though core-services remained strong at 0.28% excluding housing. Personal income…