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3 Numbers: US data fix will offer plenty of Fed context
Because of the Thanksgiving holiday on Thursday, two days of US economic reports are being squeezed into a single day today. The data rush includes three key numbers due for release at 1330 GMT: Durable goods orders, personal income and spending, and the weekly update on jobless claims. When the statistical dust clears, we’ll have more context for deciding if a rate hike announcement is still likely at the Fed’s policy meeting next month. US: Durable Goods Orders (1330 GMT) US economic growth in the third quarter was stronger than initially reported, according to yesterday’s GDP revision. The source of the ... (full story)