US January PCE and Personal income report rescheduled for March 13th; February PCE and Personal income report rescheduled for April 9th
The rescheduling of the US PCE and personal income reports for January and February is significant as these metrics are key indicators of consumer spending and inflation trends.
CRUDE WRAP: WTI (G6) SETTLES USD 2.83 LOWER AT 59.19/BBL; BRENT (H6) SETTLES USD 2.76 LOWER AT USD 63.76/BBL
US Commerce Secretary Lutnick says not concerned that China trade talks will be derailed by Taiwan trade deal or tariffs on goods from countries doing business with Iran
US January PCE and Personal income report rescheduled for March 13th; February PCE and Personal income report rescheduled for April 9th
Fed's Schmid (2028 voter) says full employment likely between 3.5-4.5%
US Commerce Secretary Lutnick says TSMC (TSM) can bring in more semiconductors and wafers while building US capacity; if companies don't build in US, tariff likely to be 100%; Trump visit to China in April still on
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Delays in this data may affect market expectations around economic conditions and potentially alter the outlook for monetary policy, particularly given the focus on inflation metrics in current discussions.
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