Action Economics Survey results:.
Action Economics Survey results: the data calendar is filling out and next week's slate will include key inflation and manufacturing/production data. Remember that it was the lack of inflation pressures that helped influence the FOMC's 180 degree shift in tone. So price variables will be important inputs for the policy outlook going forward. Today's Survey Medians show headline CPI and PPI rising 0.1% in January, while core rates increase 0.2%. Those are still in the temperate zone but they will be worth watching. Export and import prices are due too, and are expected at -0.3% and unchanged, respectively. The Medians show industrial production edging up 0.2%, with capacity utilization steady at 78.7%.