“A US inflation breakout looks unlikely,” advises Oxford Economics’ chief US economist, Gregory Daco. As forecasts go for the projections of pricing pressure, that ranks as one of the safer bets these days, or so it appears based on recent data and the outlook for today’s January report on consumer prices (due at 8:30 Eastern).
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Trump considers delay on China tariffs set for March 2: CNBC
China’s President Xi to meet US trade officials on Friday: SCMP
Trump will agree to spending plan to avert shutdown… maybe: Politico
Fed Chair Powell: US economy remains “strong”: MNI
Eurozone industrial output’s slide accelerated in December: Reuters
Rising global oil supply on track to outpace demand in 2019: Reuters
UK inflation fell to 2-year low in January: Reuters
Small US business optimism fell to lowest level since late-2016: NFIB
US job openings rise to record high (since 2000) in Dec: CNBC