
Markets enter a critical week following last week's February jobs report that showed the U.S. economy lost around 92,000 jobs, which was a dramatic miss that has intensified recession concerns and raised questions about economic resilience amid escalating geopolitical tensions.
The unexpected job losses create a challenging backdrop for Wednesday's all-important February CPI report at 7:30am, which will test whether inflation is finally moderating enough to allow aggressive Fed accommodation or if price pressures remain stubbornly elevated despite weakening employment.