US Michigan Current Conditions Prel (Jan) 52.4 vs. Exp. 50.5 (Prev. 50.4)
The Michigan Current Conditions data coming in at 52.4, significantly above the expected 50.5, suggests a stronger sentiment among consumers than anticipated.
US President Trump is said to be considering issuing an order on California home building, CNBC reports
US Supreme Court will not rule today on the US Trump tariff case
US Michigan Current Conditions Prel (Jan) 52.4 vs. Exp. 50.5 (Prev. 50.4)
US Labour Secretary Chavez-Deremer says the economy is well positioned for further growth, following Dec. payrolls data
White House Economic Adviser Hassett says he will accept the Fed job if offered, via Fox News
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This beat, alongside an uptick from the previous month, could imply improving economic conditions, potentially influencing consumer spending and giving the Fed more leeway on policy decisions moving forward.
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