US Personal Spending MoM (Nov) M/M 0.5% vs. Exp. 0.5%
The US Personal Spending data for November came in line with expectations at a 0.5% increase, which indicates consumer spending remains steady.
Freeport (FCX) CEO says he expects US copper production to increase by 8% this year
Newsquawk European Market Wrap - 22nd January 2026
US Personal Spending MoM (Nov) M/M 0.5% vs. Exp. 0.5%
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This reinforces current trends in consumer behavior and could have implications for inflation and future Fed policy, suggesting no immediate shifts to rate expectations. Overall, it reflects resilience in the economy, which markets will likely interpret as a positive sign for growth.
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