US Personal Income MoM (Nov) M/M 0.3% vs. Exp. 0.4%
Newsquawk Staff ·
US Personal Income MoM (Nov) M/M 0.3% vs. Exp. 0.4%.
What it means
The US Personal Income data for November came in at 0.3%, slightly below the expected 0.4%. This miss, while minor, suggests potential softness in consumer income growth, which could have implications for spending and overall economic momentum. Traders should consider how this may affect expectations for future monetary policy and consumer behavior.
- New Zealand Employment Change (Q3 QQ) -0.1% vs. Exp. 0.4% (Prev. 0.5%)
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- Swiss CPI (Oct YY) 1.5% vs. Exp. 1.3% (Prev. 1.0%); Core (Oct YY) 0.5% vs Exp. 0.5% (Prev. 0.5%)
- Swiss CPI (Oct MM) 0.2% vs. Exp. 0% (Prev. 0.0%)
- ECB's Radev says the economic environment is getting more challenging; October pause does not mean the tightening cycle is over
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