The final datapoint to lock in the market’s expectation for the Federal Reserve’s next interest rate move comes on Tuesday in the week ahead.
February’s consumer inflation number will cement predictions regarding how much the Fed will raise its target short-term interest rate when it meets on March 22. It also will give investors a decent indication of how much more the central bankers may be inclined to keep hiking interest rates.
As consumer inflation stays high, so will borrowing costs.
