This Week's Forecast
INFLATION, MANUFACTURING, JOBS... Everyone will be waiting with bated breath for Friday's Employment Report, when even pessimistic observers are predicting the recovery's first serious increase in payrolls. Markets will be closed for Good Friday, although the Federal government will be open. But let's not forget about Monday's PCE reading, which is the Fed's favorite look at inflation. Any rise here could bring the Fed closer to a rate hike. Finally, we get two looks at the strengthening manufacturing sector with the Chicago PMI and the ISM Index.
>> The Week's Economic Indicator Calendar
Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.
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