US GDP Price Index QoQ Final (Q4) Q/Q 3.7% vs. Exp. 3.8% (Prev. 3.7%)
The US GDP Price Index for Q4 came in at 3.7%, slightly below expectations of 3.8%, but matching the previous quarter's figure.
US President Trump on Truth posts "None of these people, including our own, very disappointing NATO, understood anything unless they have pressure placed upon them!!!"
Brazil Energy Minister says government is to appeal a ruling suspending crude export tax
US GDP Price Index QoQ Final (Q4) Q/Q 3.7% vs. Exp. 3.8% (Prev. 3.7%)
US Personal Spending MoM (Feb) M/M 0.4% vs. Exp. 0.5% (Prev. 0.4%)
China’s foreign minister says top leaders’ strategic guidance is key political advantage in developing China–North Korea ties, Xinhua reports
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This minor miss on expectations suggests inflation pressures may not be accelerating as quickly as anticipated, which could influence future monetary policy decisions by the Fed. The market may react by reassessing rate hike probabilities, impacting both FX and fixed income sectors.
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