Market-Moving News :
🇺🇸 PCE Inflation Data Release : The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, is set to be released. Economists predict a 0.3% rise in January and a 2.5% year-over-year growth. This data will provide insights into inflation trends and potential monetary policy adjustments.
🇺🇸 Consumer Spending Trends : Personal income and spending data for January will be released, offering a glimpse into consumer behavior amid ongoing economic uncertainties. Analysts anticipate a 0.4% increase in personal income and a 0.1% rise in personal spending.
Key Data Releases :
Friday, Feb 28:
Personal Income and Outlays (8:30 AM ET) : Reports on personal income, consumer spending, and the PCE Price Index for January.
Pending Home Sales Index (10:00 AM ET) : Measures housing contract activity, providing insights into the real estate market’s health.
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