Investors await CPI report with expectations of slight decrease to 2.9% in February
From Investing.com: 2025-03-10 09:57:00
This week, investors will be closely watching the Consumer Price Index (CPI) report, with economists expecting a slight tick down to 2.9% in February after four straight months of increases. Federal Reserve Chair Jerome Powell reiterated that interest rates will remain steady unless the economy weakens unexpectedly. Concerns about tariffs have caused market jitters, but delays in implementation mean they will likely have minimal impact on February’s inflation rates. In earnings news, Oracle, Dollar General, and other major companies are set to release their financial reports this week, including Oracle’s Monday release with anticipated earnings of $1.49 per share.
Read more at Investing.com: Will Inflation Keep Rising? CPI Data to Set the Tone for the Week Ahead