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In February, US Durable Goods Orders increased by 0.9%, surpassing expectations of a decline
US Durable Goods Orders rose 0.9% in February, surpassing expectations, with transportation equipment contributing significantly.
Musalem expresses concern over lasting tariff effects, indicating potential for prolonged elevated Federal Reserve rates
Musalem signals possible rate hikes due to tariff-driven inflation but leaves room for cuts if unemployment rises.
In February, durable goods orders in the United States exceeded forecasts, registering at 0.9%
Durable goods orders rose 0.9% in February, surpassing expectations and signaling strength in the manufacturing sector.
Musalem highlighted increasing risks of persistent inflation above 2%, amidst slowed growth and cautious sentiment
Economy slows as businesses and consumers show caution; Fed monitors inflation risks, potential rate adjustments, and labour market strength.
In February, forecasts were exceeded as Durable Goods Orders excluding Transportation reached 0.7% in the US
Durable goods orders rose 0.7%, EUR/USD tested 1.0740, gold stayed above $3,000, UK inflation increased.
