US House Price Index (Dec) 440.4 (Prev. 439.7, Rev. From 439.3)
The US House Price Index for December showed a modest increase to 440.4, revising up the previous figure from 439.3.
NBH Governor Varga says a 25bp cut was the only option discussed, not committed to any rate path and didn't decide on starting a rate-cut cycle
Alphabet's (GOOG) Google says the platform ProceduralAI, which allows users to create and refine music using GenAI, is joining Google Labs
US House Price Index (Dec) 440.4 (Prev. 439.7, Rev. From 439.3)
EU reportedly expects the US to ease the impact of metals tariffs in the coming weeks, according to Bloomberg
US Redbook YoY (Feb/21) Y/Y 6.7% (Prev. 7.2%)
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This slight uptick may signal ongoing resilience in the housing market, potentially influencing expectations for consumer spending and broader economic growth, although the change is relatively minor and should be viewed in the context of recent trends.
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