Macro Briefing: 31 January 2019

Fed holds interest rates steady, hints at pausing for near term: Reuters
Investors increasingly focused on Fed’s quantitative tightening policy: NY Times
Fed’s pause eases pressure on emerging markets: Bloomberg
PMI survey: China’s mfg sector contracted for 2nd month in Jan: CNBC
Italy’s economy contracted for 2nd quarter in Q4: Reuters
Senate leader focused on avoiding another gov’t shutdown: Politico
US pending home sales fell 9.8% yoy in Dec–12th straigh annual decline: CNBC
ADP: companies in US expanded payrolls by a strong 213,000 jobs in Jan: MW

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