US Michigan 5 Year Inflation Expectations Final (Feb) 3.3% vs. Exp. 3.4% (Prev. 3.3%)
The final reading for US Michigan 5-Year Inflation Expectations comes in slightly below expectations, unchanged from the previous month.
US military planning on Iran is reportedly highly advanced with options ranging from targeting individuals to pursuing regime change, according to reports
US Supreme Court strikes down the Trump administration's IEEPA tariffs (as expected); Voted 6-3 against tariffs; Supreme Court has not addressed eligibility for tariff refunds
US Michigan 5 Year Inflation Expectations Final (Feb) 3.3% vs. Exp. 3.4% (Prev. 3.3%)
US EQUITY OPEN: Indices mixed as NDX outperforms amid a deluge of data
[ANALYSIS] SCOTUS opinions due at 15:00GMT/10:00EST; once again, we do not know in advance whether tariffs will be covered or not
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This could suggest that inflationary pressures are stabilizing, potentially affecting future rate decisions by the Fed. A minor miss against expectations might not lead to significant volatility, but it does provide some insight into consumer sentiment regarding long-term inflation.
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