US Michigan Inflation Expectations Prel (Jan) 4.2% vs. Exp. 4.2% (Prev. 4.2%)
The Michigan Inflation Expectations for January came in at 4.2%, matching expectations and remaining unchanged from the previous reading.
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 Inflation Expectations Prel (Jan) 4.2% vs. Exp. 4.2% (Prev. 4.2%)
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 stability suggests that inflation expectations are steady, which may influence the Fed's assessment of future policy moves. While this might reinforce the current rate trajectory, markets will likely look for further confirmation in upcoming data.
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