If forecasts for Wednesday's official report are correct, inflation likely decelerated slightly in February but remained well over the Federal Reserve's 2% annual rate goal.

On Wall Street in the week ahead, the spotlight will be on consumer price inflation data, slated to be released on Wednesday. Besides, investors will also get Producer Price Index data and consumer sentiment report to analyse.

Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying news for the Fed and economy.

US consumer prices probably rose in February at a pace that illustrates plodding progress on inflation for Federal Reserve officials. They may be content to remain on the sidelines to assess a policy whirlwind from the Trump administration.

XRP is now attempting to move below the 200 WMA. Such a crash will point to further XRP price crash to the 61.8% retracement at $1.6215, followed by 78.2% retracement at $1.1341. This view will become invalid if the coin rises above $2.50.

U.S. President Donald Trump’s policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.

The inflation report will be among the last key pieces of data before the Fed next meets on March 18-19. While the central bank is expected to hold its benchmark rate steady at 4.25 to 4.5 percent at that meeting, Fed funds futures indicate about 70 more basis points of easing are expected through December of this year, according to LSEG data.

The U.S. dollar weakens as rising Fed rate cut bets pressure DXY. Key CPI and PPI data could shape GBP/USD and EUR/USD trends this week.

which bases its calculations on the Consumer Price Index, a widely used indicator for inflation. Members of the Federal Reserve Board of Governors are appointed by the U.S. president and confirmed ...

Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price pressures are contained.

U.S. President Donald Trump’s policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.