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Breaking Posted 3 hours ago

Kansas City Fed Composite Index Beats Forecast at 11

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The Kansas City Fed Composite Index came in at 11, significantly above the forecast of 6 and prior reading of 8, signaling stronger regional manufacturing and economic activity than expected. This outperformance supports a more resilient U.S. economy, potentially reinforcing expectations for higher-for-longer interest rates and supporting USD pairs against major currencies.
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@asuquokelvin · 2 hours ago

Stronger-than-expected data shows the U.S. economy is still holding up well, which remains supportive for the dollar.

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