Global Markets Await Fed Minutes and Core PCE Data – Supreme Court to Rule on Trump Tariffs

Markets brace for CPI, PCE, Fed minutes, and spending data this week, with rate‑cut bets challenged by mixed inflation signals and geopolitical tensions.

Summary

Global markets face a packed macroeconomic week as multiple key U.S. data releases arrive, including CPI, PCE, Federal Reserve January meeting minutes, and spending data. The reports will test rate-cut expectations amid mixed inflation trends and rising geopolitical tensions. Investors are also watching February 20’s U.S. Supreme Court ruling on Trump’s tariff policies, alongside Walmart earnings and monetary policy updates from Australia and New Zealand.

Terms & Concepts
  • Core PCE price index: A key economic indicator measuring the prices paid by consumers for goods and services, excluding volatile food and energy costs, used to gauge inflation.