Germany’s GDP Data might have been Distorted by Questionable Data
Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.
Fed-preferred PCE price index accelerated in January
Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.