The Chicago Fed National Financial Conditions Index is now as loose as it was in November 2021 when the Fed was still running quantitative easing and zero rates. The Chicago Fed National Activity Index for December was reported at -0.15, lower than the forecast of 0.06 and the previous figure of 0.03. This indicates a decline in economic activity. LiveSquawk reported the index at -1.5, while DailyFXTeam and PiQSuite also provided the actual and previous values for the index. Financialjuice highlighted the deviation from the forecast and previous figures.
US Chicago Fed National Activity Dec: -1.5 (prevR 0.01)
π΄ CHICAGO NATIONAL ACTIVITY INDEX DECEMBER REPORT https://t.co/YtKqyV4NjE
CHICAGO NATIONAL ACTIVITY INDEX ACTUAL -0.15 (FORECAST 0.06, PREVIOUS 0.03)
πΊπΈ Chicago Fed National Activity Index (Dec) Actual: -0.15 Previous: 0.01 https://t.co/60QsmqCqoi
πΊπΈ United States Chicago Fed National Activity (Dec) $USD Actual: -0.15 Previous: 0.01
Chicago Fed National Financial Conditions Index now as loose as in November 2021 when the Fed was still running QE and zero rates. https://t.co/7qCVCUnVlT