Federal Reserve news

US Dallas Fed Services Index (Jan) 2.7 (Prev. -5.0, Rev. From -3.3)

Newsquawk Staff ·

US Dallas Fed Services Index (Jan) 2.7 (Prev. -5.0, Rev. From -3.3)

What it means

The January reading of the US Dallas Fed Services Index improved significantly to 2.7 from a previous reading of -5.0 and was revised from -3.3. This notable shift suggests a potential stabilization in the services sector, which could influence growth expectations and reinforce the Fed's assessment on rates and economic outlook going forward.

Related headlines