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Preview: Today's Trump Tariffs Decision Expected, Retail Sales M/M and PPI Data to Be Released
BlockBeats News, January 14th. The US Supreme Court is expected to rule on the Trump tariff case on Wednesday, January 14th. Prior analysis has indicated that a "tariff illegal ruling" would trigger a massive tariff refund, which typically requires years of individual litigation, creating a non-immediate cash flow impact. White House economic adviser Hassett said that if they do not prevail in the Supreme Court's tariff litigation, "we have other ways to achieve the same goal."
Tonight at 21:30 (UTC+8), the US will release the November retail sales month-on-month rate, with a previous value of 0.00% and an expected value of 0.4%; will announce the November PPI year-on-year rate, expected to be 2.7%; will announce the November PPI month-on-month rate, expected to be 0.2%.
Today, Federal Reserve Governor Milan will speak in Athens, 2027 FOMC voter and Richmond Fed President Barkin will give a speech; 2026 FOMC voter and Philadelphia Fed President Paulson will speak on the economic outlook.
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