Inflation expectations rise to highest level since 1995 ahead of PCE report
From Investing.com: 2025-02-24 01:43:00
This week, economic data activity will be in focus, culminating in the PCE report on Friday. Additionally, NVIDIA’s midweek earnings are anticipated as a significant market-moving event. Inflation expectations rose to 3.5% in February, the highest level since 1995, causing concern as the Fed monitors the situation. Bond yields fell sharply on Friday due to weak S&P Global PMI data, indicating a slowdown in growth. Market-based inflation expectations have also increased sharply, impacting the market’s outlook. The German election results could influence US yields and credit spreads, with volatility expected this week.
Read more at Investing.com: Inflation Expectations Becoming Unanchored Again Ahead of All-Important PCE Report