Up modestly in January
|11:00||1- and 2-month bill announcement||No changes expected|
The market will not have any major economic reports to digest in advance of this afternoon’s FOMC policy announcement. The data calendar will remain very light over next couple of days.
Today's bill announcements: 1- and 2-month bills
A weak payroll figure and a soft CPI report for February will make it easy for Chairman Powell to preach patience again following this week’s FOMC meeting. With policy on hold for at least the next several meetings, the focus in his March 20 press conference will be on the Fed’s ongoing balance sheet debate and whatever hints about the medium-term policy outlook the dot plot might offer.