US Durable Goods Orders ex Defense MoM (Jan) M/M 0.5% (Prev. -2.5%)
Context
The recent print for US Durable Goods Orders excluding defense has shown a notable recovery, increasing 0.5% month-over-month after a prior decline of 2.5%. This improvement suggests potential strengthening in consumer and business spending, which could influence the growth-inflation outlook and impact expectations for monetary policy moving forward.
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