The post Eco Data 11/17/22 appeared first on Action Forex.
The Federal Reserve’s preferred inflation gauge accelerated in May as both consumer spending and personal income exceeded expectations, reinforcing the picture of a resilient US economy facing persistent price pressures. Personal income rose 0.7% mom, Read more…
US durable goods orders fell -4.5% mom in May, a smaller decline than the expected -4.7% drop, as a sharp pullback in transportation equipment orders offset continued strength elsewhere in the manufacturing sector. The decline Read more…
US initial jobless claims fell more than expected last week, offering fresh evidence that layoffs remain limited despite signs of a gradual cooling in the labor market. Initial claims dropped by -12k to 215k in Read more…