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Overview: Mon, February 27

Daily Agenda

Time Indicator/Event Comment
08:30Durable goodsBroadbased January increase, led by aircraft
10:00Pending home salesMay edge lower in January
10:30Dallas Fed manufacturing surveyDown slightly from very strong January level
11:00Kaplan (FOMC voter)At University of Oklahoma 
11:004-week bill announcement
11:303- and 6-month bill auctionSteady at current levels

US Economy

This Week's MMO

  • MMO for February 20, 2017

    A March rate hike seems increasingly likely.  The Fed has set the bar for further tightening relatively low, and the economic data are running ahead of expectations.  Separately, this week’s newsletter looks (rather inconclusively) at the curious relationship between tri-party repo volumes and inter-dealer GCF rates.

Federal Reserve Commentary

MMO Analysis