๐บ๐ธ๐ PCE Inflation Data Release ๐: 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.
๐บ๐ธ๐ Consumer Spending Trends ๐: 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.
๐ Key Data Releases ๐:
๐ Friday, Feb 28:
๐ฐ Personal Income and Outlays (8:30 AM ET) ๐ฐ: Reports on personal income, consumer spending, and the PCE Price Index for January.
๐ Pending Home Sales Index (10:00 AM ET) ๐ : Measures housing contract activity, providing insights into the real estate market's health.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.