Weekly Economic & Financial Commentary: 50 bps at the Next FOMC Meeting?
Summary United States: Mixed Housing Data and Upside Inflation Surprise Existing home sales declined 0.7% in January, while new home sales leaped 7.2%. Real personal spending shot higher in January, and solid growth in discretionary spending suggests continued consumer resilience. The core PCE deflator surprised to the upside, which could compel the FOMC to go […] The post Weekly Economic & Financial Commentary: 50 bps at the Next FOMC Meeting? appeared first on Action Forex.
Summary United States: Mixed Housing Data and Upside Inflation Surprise Existing home sales declined 0.7% in January, while new home sales leaped 7.2%. Real personal spending shot higher in January, and solid growth in discretionary spending suggests continued consumer resilience. The core PCE deflator surprised to the upside, which could compel the FOMC to go […]
The post Weekly Economic & Financial Commentary: 50 bps at the Next FOMC Meeting? appeared first on Action Forex.
