Macroeconomic Outlook for Next Week: The specter of stagflation reappears, the Fed faces a dilemma, and CPI and PCE data are key variables.
CoinFeed, March 7th - According to Jinshi News, the escalating tensions between the US and Iran have led to significant market volatility this week due to uncertainty surrounding the future direction. Recent data forces the Federal Reserve to address rising inflation and declining employment to curb the possibility of stagflation. Here are the key events the market will be focusing on this week (all times are Beijing time): Monday 23:00, US February New York Fed 1-year inflation expectations; Wednesday 20:30, US February unadjusted CPI year-on-year rate, unadjusted core CPI year-on-year rate; US February seasonally adjusted CPI month-on-month rate, seasonally adjusted core CPI month-on-month rate; Friday 15:00, UK January 3-month GDP month-on-month rate, January manufacturing/industrial production month-on-month rate, January seasonally adjusted goods trade balance; Friday 20:30, US January core PCE price index year-on-year/month-on-month rate, US January personal spending month-on-month rate, US Q4 real GDP annualized quarter-on-quarter rate (revised).