US: Housing Starts decline 1.4%, Building Permits drop 1.6% in December – by hareshmenghani EconomicIndicator UnitedStates Fed DollarIndex Currencies
In the same period, Building Permits fell by 1.6% as compared to the 10.6% fall recorded in November.The data does little to impress the US Dollar bulls amid growing acceptance that the Fed will soften its hawkish stance and rising bets for a smaller 25 bps rate hike in February.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A new California housing law has done little to encourage building, report saysA California law passed in 2021 was supposed to make it easier for homeowners to build duplexes, but few are taking advantage of it.
Read more »
UK inflation drops to 3-month low of 10.5% in DecemberBritish consumer price inflation fell to a three-month low of 10.5% in December, offering some comfort to the Bank of England and households, but food and drink prices continued to accelerate, rising at the fastest pace since 1977.
Read more »
Canada: Annual CPI falls to 6.3% in December from 6.8% previousInflation in Canada, as measured by the Consumer Price Index (CPI), decelerated from 6.8% in November to 6.3% in December, matching consensus estimate
Read more »
Today starts a warming trendAction News Jax Meteorologist Garrett Bedenbaugh is tracking a mostly sunny day with temperatures climbing to the low 70s.
Read more »
US: Disinflation persisted in December – UOBSenior Economist at UOB Group Alvin Liew reviews the latest US inflation figures. Key Takeaways “US headline consumer price inflation (CPI) declined b
Read more »
Aegis Comics of Alaska Starts a GoFundMe to SurviveA second book store selling comics starts a crowdfunder to stay in business, on the other side of America.
Read more »