Michael McKee

It is the trade deficit rising as much as it did will make a little bit lower GDP numbers.

But people aren't revising their forecast for tomorrow down too much.

Jobless claims come in a big drop, 206,000 for last week.

That's down from the initially reported 227.

Continuing claims are at 1,869,000, slightly up from 1,862,000 in the initially reported last week's figures.

We also have trade numbers in the trade deficit for the month of December.

70.3 billion significantly higher than the 53.0 billion reported for the month of November.

Add into that wholesale inventories up two tenths and retail inventories flat on the month.

Those are not particularly great numbers.

And this matters because these are the last three data points that will go into fourth quarter GDP that we will get tomorrow.

The focus of the January meeting on inflation largely rather than jobs and concern that bringing it down had stalled.

Officials anticipated inflation would move down this year, but the pace and timing remained uncertain.

The focus of the January meeting on inflation largely rather than jobs and concern that bringing it down had stalled.

Officials anticipated inflation would move down this year, but the pace and timing remained uncertain.

The focus of the January meeting on inflation, largely, rather than jobs, and concern that bringing it down had stalled.

Officials anticipated inflation would move down this year, but the pace and timing remained uncertain.

The focus of the January meeting on inflation largely rather than jobs and concern that bringing it down had stalled.

Officials anticipated inflation would move down this year, but the pace and timing remained uncertain.

The focus of the January meeting on inflation largely rather than jobs and concern that bringing it down had stalled.

Officials anticipated inflation would move down this year, but the pace and timing remained uncertain.