Amy Scott
๐ค SpeakerAppearances Over Time
Podcast Appearances
Neil Scarborough is the vice president and general manager.
And I'm Amy Scott.
Have a great weekend.
We will be back on Monday.
The days of delayed government data aren't over.
Up this week, jobs and inflation.
From American Public Media, this is Marketplace.
In Los Angeles, I'm Amy Scott, in for Kai Risdahl.
It's Monday, February 9th.
Good to have you with us.
I want to call your attention to two items to watch on the economic calendar this week.
First, the January jobs report, delayed by last week's partial government shutdown, comes out Wednesday, followed by the latest consumer price index, also delayed, now scheduled for Friday.
Both are key readings on the health of the economy, and both are expected to be OK, as in modest but not great job growth and moderating but not yet low enough inflation.
Marketplace's Mitchell Hartman has more.
Another economic indicator coming out of Washington this week will be investor demand when the Treasury Department auctions off a wave of government bonds, with a big batch of 10-year bonds on Wednesday and 30-year bonds on Thursday.
In advance of those auctions, Bloomberg reports today that the Chinese government has been advising banks to hold off on buying any more U.S.
treasuries.
And in some cases, to trim their holdings.
The worry is that holding too many T-bills and notes in a volatile market could expose banks to losses.