A little-noticed inflation report in the past could get a lot of market attention on Thursday
Publishing timestamp: 2024-02-29 12:11:05
Summary
The Commerce Department will release the January reading on personal consumption expenditures price index, a favorite Federal Reserve inflation gauge. Economists are forecasting a 0.3% monthly gain and a 2.4% 12-month move. Economist Mark Zandi believes that if the Fed maintains a tight economic policy, it could pose a substantial danger to the expansion.
Sentiment: MIXED
Keywords: economic events, inflation, business news, u.s. 10 year treasury, prices, markets, economy, u.s. 10 year tips, consumer prices,