Philly Fed Survey

  • US Core CPI inflation seen at +2.1% in Q4 vs previous forecast of +2.3%
  • US Core PCE inflation seen at +2.0% in Q4 vs previous forecast of +2.0%
  • US Q1 2019 unemployment seen at +3.7% vs +3.7% previous
  • Payrolls seen growing Q1 172,400 month in Q1 2019 vs forecast of 161,500/month
  • Payrolls seen growing in Q4 average of 203,100/month vs 173,300/month
  • US 2019 Q1 GDP growth seen at +2.4% vs previous forecast of +2.5%
  • US GDP Q4 Growth seen at +2.6% vs +2.8%