US S&P/Case-Shiller Home Price YoY (Dec) Y/Y 1.4% vs. Exp. 1.4% (Prev. 1.4%)
The Case-Shiller Home Price index for December reflected a year-over-year increase of 1.4%, aligning with expectations and maintaining the prior rate.
NBH Governor Varga says a 25bp cut was the only option discussed, not committed to any rate path and didn't decide on starting a rate-cut cycle
Alphabet's (GOOG) Google says the platform ProceduralAI, which allows users to create and refine music using GenAI, is joining Google Labs
US S&P/Case-Shiller Home Price YoY (Dec) Y/Y 1.4% vs. Exp. 1.4% (Prev. 1.4%)
EU reportedly expects the US to ease the impact of metals tariffs in the coming weeks, according to Bloomberg
US Redbook YoY (Feb/21) Y/Y 6.7% (Prev. 7.2%)
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This consistency suggests a stable trend in the housing market, which may influence sentiment around consumer spending and overall economic health going forward. As it meets forecasts, the implications for monetary policy and inflation expectations might remain muted for now.
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