US Durable Goods Orders MoM (Mar) M/M 0.8% vs. Exp. 0.5% (Prev. -1.4%)
Context
The US Durable Goods Orders for March came in at +0.8%, exceeding expectations of +0.5% and reversing the previous month's decline of -1.4%. This stronger-than-anticipated data suggests resilience in manufacturing and may influence expectations for growth, signaling potential support for the USD and impacting rate outlook amidst ongoing economic recovery concerns.
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