Fed's Powell: Most of Hard Data Remain Quite Solid, Ongoing Momentum Heading into 2019

Market news

7 January 2019

Fed's Powell: Most of Hard Data Remain Quite Solid, Ongoing Momentum Heading into 2019

Wages Moving Up 'Is Quite Welcome'
Higher Wage Growth Does Not Raise Concerns About Inflation
Consumer Spending Has Been Strong Right Through December
ISM Report Came In Well Below Expectations
ISM Survey Had Been At Historically High Levels
ISM Now At Level Consistent With Ongoing Moderate Growth
Fact That ISM Survey Moved Down So Much In One Month Worth Keeping Eye On
US Data Seem To Be On Track To Sustain Good Momentum Into New Year

Powell: Monetary Policy Very Much About Risk Management Amid Conflicting Signals

Atlanta Fed's Bostic Defends Central Bank's Approach to Winding Down Balance Sheet

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