US Building Permits Prel (Oct) 1.411M vs. Exp. 1.412M (Prev. 1.415M )
Today's building permits data slightly missed expectations, coming in at 1.411 million compared to the anticipated 1.412 million.
US Supercore Inflation (Dec): 2.7% (prev. 2.7%)
US Inflation M/M 3dp (Dec): Headline 0.307% (prev. 0.204%), Core 0.239% (prev. 0.159%)
US Building Permits Prel (Oct) 1.411M vs. Exp. 1.412M (Prev. 1.415M )
JPMorgan (JPM) CFO says loss of Fed independence often leads to steeper yield curves and damages economic dynamism
US Average Weekly Prelim Estimate ADP (4-week, w/e 20th Dec) +11.75k (Prev. +11.5k, Rev. +11k)
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This number, while close to previous levels, indicates a potential slowdown in construction activity that could influence housing supply forecasts and subsequently impact interest rate policies and market sentiment going forward.
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