NY Empire State manufacturing index plunges in January to -32.9

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JPMorgan Continues to See 25% Chance US Avoids Recession in 2023 or 2024

January 18, 2023 9:17 AM EST

JPMorgan analyst Nikolaos Panigirtzoglou comments "While there has been an improvement in sentiment towards risk assets given greater optimism over the soft-landing scenario, we are reluctant to chase the past few weeks rally as a lot of good news are already in the price. And while signs of declining inflation... More

ECB policymakers consider easing rate hikes - Bloomberg

January 17, 2023 11:08 AM EST

Policymakers at the European Central Bank are reportedly considering a slower pace of interest rate hikes than indicated in December, according to a report by Bloomberg on Tuesday.

The 50 basis-point increase in February signaled by ECB President Christine Lagarde remains likely, but the possibility of a smaller... More