On March 12, the U.S. Bureau of Labor Statistics will release CPI data for February at 8:30 a.m. ET. Market consensus generally predicts a slight reduction in the overall CPI growth rate for February, expected to decrease from January's 3% to 2.9%, with core CPI anticipated to drop from 3.3% to 3.1%.
The Critical Importance of This CPI Data to the Current Weak Market
The U.S. stock market is currently facing tu...

The stock market showed caution with a slightly declining S&P 500,  following Fed Chair Powell's testimony to the Senate, where he indicated that interest rates likely won't need significant adjustments due to a strong economy. Powell even mentioned that the "natural rate" of interest, a theoretical optimal level, might be higher than previously thought, suggesting potential for further rate stability.
To round out the day, Elon Mu...