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[macro outlook] focus on the Chicago Fed National activity Index in August.

iconSep 21, 2020 02:06
Source:SMM

SMM9 March 21: today, focus on the Federal Reserve held a public meeting on the community reinvestment bill, in addition, Japan respect for the elderly Day, closed for a day.

In terms of data, the Chicago Federal Reserve National activity Index in August, the Chicago Federal Reserve National activity Index, to measure US economic activity and explore the state of US economic development. If this value is less than 0, it means that the economic expansion is lower than the average growth rate, which is disadvantageous to the US dollar; if it is greater than 0, it means that the economic growth rate is greater than the average growth rate, which is beneficial to the US dollar.

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