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Today at 19:00 GMT the well known FOMC minutes take place. Afaik there will be no press conference or additional forecasts so lets take possible actions or shifts by the numbers.
Reported dureable goods order fell by -3.4% vs. 0.5% expected m/m. A prior report was revised to -2.1% from -0.7% which is now the fifth consequtive month of more flat or negative readings.
If we dig down the available data the numbers start getting worse.
The Q4 GDP gets marked down a few ticks. Perhaps the most negati…
Reported dureable goods order fell by -3.4% vs. 0.5% expected m/m. A prior report was revised to -2.1% from -0.7% which is now the fifth consequtive month of more flat or negative readings.
If we dig down the available data the numbers start getting worse.
The Q4 GDP gets marked down a few ticks. Perhaps the most negati…