- US Productivity Revised Actual 2.2% (Forecast 2.2%, Previous 2.2%)
- US Productivity Revised Actual 2.2% (Forecast 2.2%, Previous 2.2%)
- US Labor Costs Revised Actual 0.8% (Forecast 1.25%, Previous 1.9%)
U.S. productivity came in line with expectations and remains strong, potentially influencing monetary policy over time, though it’s not an immediate market driver. A lower labor costs signals a disinflationary trend, reducing immediate wage-related price pressures.
BREAKING: Philly Fed lower than expected, manufacturing weakens but outlook improves 📌
BREAKING: German PPI slightly above expectations!
Economic calendar: delayed NFP report and speeches from Fed officials 👀
Morning wrap (20.11.2025)