The start will be with the Euro Zone consumer prices, and we all know that the significance of the this release has increased massively after comments from Mr. Stark in Berlin that inflation in the Euro Area is hitting the red light and we they can't just stand there and watch. Euro Zone CPI is expected to increase by 0.3% after a decline of 0.4% in January, while the yearly reading is expected to gain 3.2% same as last month, while the core yearly CPI index is expected to remain solid at 1.7%.
Heading back to the Unites States, where consumer prices increased 0.3% in February as analysts expect, from an increase of 0.4% in January, the core CPI is expected to increase 0.2% from 0.3% in January, and the core yearly CPI is expected to slow down a little bit to 2.4% from 2.5% last month.
The fight today is between the skyrocketing food and energy prices, and between the slowing economic growth which should drag inflation down with it, the effect of food and energy prices is still forcing the index to climb up, yet the slowing economic growth is taming that great effect and force prices to inflate at a moderate pace.
In the states, the main concern now is growth and the housing slump, yet we can't say that inflation is not an issue, maybe it is not now but definitely it's gonna come back in the future and it will be the main concern or lets say the Pre-dominant concern if you allow me to go back to the history when things started to fall apartÃ¢â‚¬Â¦
Well, excuse me dear reader for being a little bit sarcastic, but I am just looking at the economy and I think the fed led people to a great deal of no trust, and thatÃ¢â‚¬â„¢s why they need to do a lot to confirm that they know what they are doing and that might save what have been lostÃ¢â‚¬Â¦Michigan Sentiment is expected to drop to 70.4 in the Preliminary reading for the month of March.