BofA total card spending (w/e Feb 14th) +4.4% Y/Y (prev. +2.6% Y/Y); spending around Valentine's Day and President's Day weekend was robust relative to last year
The Bank of America's report showing total card spending up 4.4% year-over-year indicates a strong acceleration from the previous 2.6% growth, likely driven by increased consumer activity around Valentine's Day and President's Day weekend.
Spain sells EUR 5.43bln vs exp. EUR 4.5-5.5bln 3.50% 2029, 2.60% 2031 and 3.30% 2036 Bono
UK's ONS on ongoing data issues, reports the "Latest steps reaffirm commitment to quality over quantity"
BofA total card spending (w/e Feb 14th) +4.4% Y/Y (prev. +2.6% Y/Y); spending around Valentine's Day and President's Day weekend was robust relative to last year
Riksbank takes measures to facilitate banks’ liquidity management
US Energy Secretary Wright says the US could leave the IEA if the group does not change
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This suggests a positive trend in consumer sentiment and spending, which could imply continued robust economic growth and may influence monetary policy considerations moving forward.
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