The personal consumption expenditures price index excluding food and energy was expected to rise 0.4% in February.
Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace.
Economists expect hiring stayed strong in February and that wages grew even faster than they did in January.
This year has, so far, been something of a Jekyll and Hyde market for equities.
Bitcoin and ether are on pace for a modest February win, even after suffering a big drop earlier in the month.
Jim and Club portfolio director Jeff Marks ran through each one of them on during our special “Monthly Meeting,” live from Miami.
Pricing Wednesday morning pointed to a 94.3% probability of a 0.25 percentage point hike at the Federal Reserve’s two-day meeting that concludes Feb. 1.
FTX Japan says it is developing a system to resume withdrawals through the website of Liquid Japan, a crypto exchange it acquired earlier this year.
Two of the legal challenges brought against President Joe Biden’s student loan forgiveness plan have reached the U.S. Supreme Court.