US Chicago Fed National Activity Index (Jan) 0.18 (Prev. -0.21 )

Newsquawk Staff · 23 Feb 2026, 13:50 UTC

What it means

The Chicago Fed National Activity Index showing a January reading of 0.18, rebounding from a previous -0.21, suggests an improvement in economic conditions. This shift could signal strengthening economic momentum, which may influence Fed policy outlooks and expectations around interest rates moving forward.

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US Market Open, 28 Oct, 10:34 UTC · what it led with

NQ futures outperform following SK Hynix's upbeat earnings.
DXY flat; NZD hit after the RBNZ unexpectedly held rates steady.

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Riksbank maintains its rate at 1.75% as expected; assesses that the probability of a rate increase later this year remains; there is considerable uncertainty and developments call for vigilance
EUR/SEK+0.3%
Norges Bank maintains its rate at 4.25% as expected; may still become necessary to raise the policy rate
EUR/NOK+0.6%
US President Trump expected to remove some tariffs on Canada in a bid to help Senator Susan Collins, WSJ reports.
USD/CAD−0.2%

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