US Used Car Prices YoY (Jan) Y/Y 2.4% (Prev. 0.4%)
The increase in US used car prices year-on-year to 2.4%, up from 0.4%, suggests a significant rebound in demand, potentially indicating inflationary pressures.
Biogen (BIIB) exec says they expect 2026 sales for MS products, excluding Vumerity to decline by the mid teen percentages
EU Commission President von der Leyen says the EU is putting forward a new package of sanctions on Russia covering energy, financial services and trade
US Used Car Prices YoY (Jan) Y/Y 2.4% (Prev. 0.4%)
US and Iran have agreed to continue discussions at another time; time and place to be decided, according to reports
US Treasury Secretary Bessent says that US President Trump is attracting strong and stable foreign investment in the US; Treasury is implementing the President's America first investment policy, including a new effort to facilitate
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This rise could influence Fed policy discussions, as it reflects broader trends in consumer prices and may weigh on expectations for future rate adjustments.
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