Pre-Fedline Open Thread

Well, here we are again. Today brings the conclusion of the January FOMC meeting and no change in the fed funds rate. However, what Jerry says and how he says it will have an impact on PM prices going forward into February.

As we've done in the past, here's an open thread to discuss things and then watch Jerry at 2:30 ET. These pre-fedline threads are usually pretty brief as not much that gets said this morning is still relevant and important by this afternoon. However, there are a few things to discuss.

First, the ADP jobs report came in significantly below expectations...

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Key Economic Events Week of 2/19

2/20 10:00 ET LEIII
2/21 8:00 ET Goon Bostic
2/21 1:00 ET Goon Bowman
2/21 2:00 ET January FOMC minutes
2/22 9:45 ET S&P flash PMIs February
2/22 10:00 ET Home sales
2/22 10:00 ET Goon Jefferson
2/22 3:15 ET Goon Harker