US Economics Weekly_ Freezing temperatures, frozen markets
2025-02-25 02:06
+1-212-816-8830 veronica1.clark@citi.com US Economics Weekly Freezing temperatures, frozen markets CITI'S TAKE As Fed officials and markets are in a holding pattern awaiting more data and policy clarity, the limited data that was released this week if anything reinforced our expectation for slowing growth this year. Housing construction and sales fell, and weaker homebuilder sentiment suggests limited upside. Manufacturing PMI remains modestly expansionary, but services PMI surprisingly fell into contractio ...