US Import Prices MoM (Dec) M/M 0.1% vs. Exp. 0.1% (Low. -0.3%, High. 0.4%)
The US Import Prices for December came in line with expectations at a 0.1% month-over-month increase, which suggests stable pricing pressures in imported goods.
Marriott (MAR) exec. says higher-end consumers remain resilient and continue to prioritise spending on experience and travel over goods
Bank of America (BAC) CEO feels good about markets and IB
US Import Prices MoM (Dec) M/M 0.1% vs. Exp. 0.1% (Low. -0.3%, High. 0.4%)
Spotify (SPOT) CFO says that the Co. does not give FY forecast for gross margin and operating margin, but they do expect both to improve
Around nine borrowers are considering US investment-grade bond sales Tuesday, according to Bloomberg citing an informal survey of underwriters
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Given the range of estimates (low of -0.3% to high of 0.4%), this print reinforces the current inflation trajectory, implying little immediate impact on monetary policy or market expectations surrounding rate adjustments.
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