New residential construction in the U.S. jumped by much more than expected in the month of December, according to a report released by the Commerce Department on Thursday.The report said housing starts spiked by 5.8 percent to an annual rate of 1.669 million in December from the revised November estimate of 1.578 million.Economists had expected housing starts to climb by 0.8 percent to a rate of 1...
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.