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Weekly Bottom Line

  • Congress passed legislation to fund most of the government through September, with a 2-week continuing resolution used for the Department of Homeland Security.
  • The ISM Purchasing Managers Index reports showed solid growth in manufacturing and services activity in January, suggesting the economy entered 2026 on a solid footing.
  • January data releases for employment and inflation next week will be closely monitored for potential risks related to the Fed’s dual mandate.
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Weekly Bottom Line

Congress passed legislation to fund most of the government through September, with a 2-week continuing resolution used for the Department of Homeland Security. The ISM Purchasing Managers Index reports showed solid growth in manufacturing and services activity in January, suggesting the economy entered 2026 on a solid footing. January data

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