Preview: A ruling on Trump's tariff case may be announced today, with retail sales monthly rate and PPI data to be released soon
BlockBeats News, January 14, the U.S. Supreme Court is expected to issue a ruling on the Trump tariff case on Wednesday, January 14. Previous analysis indicated that a "tariff illegal ruling" would trigger massive tariff refunds, which usually require years of individual litigation, resulting in a non-immediate cash flow impact. White House economic adviser Hassett stated that if they fail to win the tariff lawsuit in the Supreme Court, "we have other ways to achieve the same goal."
Tonight at 21:30 (UTC+8), the U.S. will release the November retail sales month-on-month rate, previous value 0.00%, expected 0.4%; the November PPI year-on-year rate, expected 2.7%; and the November PPI month-on-month rate, expected 0.2%.
Today, Federal Reserve Governor Milan will deliver a speech in Athens; 2027 FOMC voting member and Richmond Fed President Barkin will deliver a speech; 2026 FOMC voting member and Philadelphia Fed President Harker will speak on the economic outlook.
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