The countdown begins to the Fed trotting out members to walk back yesterday's FOMC minutes after...
The countdown begins to the Fed trotting out members to walk back yesterday's FOMC minutes after the big miss on the Philly Fed Index. New Orders fell to -7.8 from -4.3. Prices paid 8.9 vs. 14.7. Six-month indicators actually improved though, rising to 32.1 from 29.2, the 3rd consecutive increase. (full report)
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