Week Ahead: Key Inflation, Spending Data to Shape Fed’s Next Move

From Investing.com: 2025-03-24 03:24:00

This week’s economic data includes the Case-Schiller home price index (+4.6% est.), new home sales (+682K est.), and consumer confidence (94.2 est.). The 30-year average fixed mortgage rate has dropped to 6.67% from 7.04% in January, potentially boosting demand. Q4 final revision (+2.4% est.) and goods trade balance were released on Thursday, with a record $155.6 billion trade deficit in goods. Friday will bring personal spending (+0.3% est.), inflation (+0.4% est.), and income (+0.6% est.), along with revised consumer sentiment. Despite market volatility, diversification is proving effective with international stocks up +8.0% YTD and bonds up +2.6%. The S&P 500 is currently down -3.8% YTD, but bulls are eyeing a retest of the 5750-5785 zone for momentum.



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