MARKET DAILY

Market 01/03: Hawkish tone from FOMC Meeting Minutes

Labor market gradually loosening. US public debt hits record 34 trillion USD. PMI continues stuck in contraction zone (<50) for the 14th consecutive month.

Nhật Thanh Lê
Nhật Thanh Lê

Key updates from FOMC Minutes for December meeting:

Members assessed: Progress in disinflation uneven across inflation components- core services inflation remains high.

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