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Econ data to show uncertainties from low energy prices, weak global outlook

Posted by Dustin Robinson on January 25, 2016 at 12:35 PM

Originally published on January 25, 2016 on USAToday by Roger Yu. 

With volatile markets, low energy prices and the uncertainty in China still brewing, the economic data scheduled to be released this week will likely show a worsening outlook in the U.S. — at least in the near-term.

“We believe financial developments since the start of the year reduce the likelihood” of the Federal Reserve hiking interest rates again in March, wrote Nomura Chief U.S. Economist Lewis Alexander in a note to clients Friday.

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