AFMC - Regional Fed Forecasts Fall Short

2024-01-29 19:40:00 ET

Summary

• Today's data slate was light with the only release of note being the Dallas Fed's monthly manufacturing survey.
• The results were disappointing to say the least, as the headline number came in at -27.4, more than twice as low as expectations of -11.8.
• Earlier this month, the Kansas City survey and New York Fed survey likewise came in well below estimates.

Today's data slate was light with the only release of note being the Dallas Fed's monthly manufacturing survey. The results were disappointing to say the least, as the headline number came in at -27.4, more than twice as low as expectations of -11.8....

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