The Bank of Canada’s (BoC) December meeting minutes show policymakers becoming more confident in the economy’s resilience while remaining cautious amid unusually high uncertainty.

US President Donald Trump used a series of social media posts to outline his views on inflation, interest rates, and Federal Reserve (Fed) leadership, emphasizing a strong preference for lower rates and close alignment between monetary policy and market performance.

United States 5-Year Note Auction rose from previous 3.562% to 3.747%

National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve (Fed) is moving too slowly in cutting interest rates, despite evidence that the U.S. economy is growing much faster than expected.

United States 52-Week Bill Auction fell from previous 3.46% to 3.38%

Citing a filing from the US Trade Representative's office, Reuters reported on Tuesday that the US will set new tariffs on semiconductors from China. According to the document, the initial tariff level of 0% will increase in 18 months to a rate to be announced later.

Consumer sentiment in the United States weakened for the fifth consecutive month in December, with the Conference Board's Consumer Confidence Index declining to 89.1 from 92.9 in November.

United States Richmond Fed Manufacturing Index in line with forecasts (-7) in December

United States Industrial Production (MoM) registered at -0.1%, below expectations (0.1%) in October

United States Capacity Utilization meets forecasts (75.9%) in October

United States Capacity Utilization came in at 76%, above expectations (75.9%) in November

United States Industrial Production (MoM) came in at 0.2%, above expectations (0.1%) in November

United States Redbook Index (YoY) increased to 7.2% in December 19 from previous 6.2%

Durable Goods in the US decreased $6.8 billion, or 2.2%, to $307.4 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.7% increase recorded in September and came in worse than the market expectation for a decrease of 1.5%.

United States Durable Goods Orders below expectations (-1.5%) in October: Actual (-2.2%)

United States Gross Domestic Product Price Index above forecasts (2.7%) in 3Q: Actual (3.7%)

United States Durable Goods Orders ex Transportation below forecasts (0.3%) in October: Actual (0.2%)

United States Durable Goods Orders ex Defense dipped from previous 0.1% to -1.5% in October

Canada Gross Domestic Product (MoM) meets forecasts (-0.3%) in October

United States Personal Consumption Expenditures Prices (QoQ) in line with expectations (2.8%) in 3Q

United States Core Personal Consumption Expenditures (QoQ) meets forecasts (2.9%) in 3Q

United States Gross Domestic Product Annualized above expectations (3.3%) in 3Q: Actual (4.3%)

United States Durable Goods Orders above expectations (-1.5%) in October: Actual (0.5%)

United States ADP Employment Change 4-week average: 11.5K (December 6) vs previous 16.25K

Mexico Trade Balance s/a, $ down to $-0.274B in November from previous $1.411B

Mexico Trade Balance, $ above expectations ($0.5B) in November: Actual ($0.663B)

Mexico 1st half-month Inflation registered at 0.17%, below expectations (0.31%) in December

Mexico 1st half-month Core Inflation below expectations (0.39%) in December: Actual (0.31%)

Belgium Consumer Price Index (MoM): 0.07% (December) vs previous 0.56%

Belgium Consumer Price Index (YoY) down to 2.06% in December from previous 2.4%