Macroeconomic Outlook for Next Week: The specter of stagflation reappears; CPI and PCE data become key variables.

According to ME News, on March 7th (UTC+8), as the situation in Iran further deteriorated, uncertainty surrounding its future direction led to significant market volatility this week. Recent data has forced the Federal Reserve to address rising inflation and declining employment to curb the possibility of stagflation. The following are key events to watch in the coming week (all times are Beijing time): Monday 23:00, US February New York Fed 1-year inflation expectations; Wednesday 20:30, US February unadjusted CPI year-on-year rate, unadjusted core CPI year-on-year rate; US February seasonally adjusted CPI month-on-month rate, seasonally adjusted core CPI month-on-month rate; Friday 15:00, UK January 3-month GDP month-on-month rate, January manufacturing/industrial production month-on-month rate, January seasonally adjusted goods trade balance; Friday 20:30, US January core PCE price index year-on-year/month-on-month rate, US January personal spending month-on-month rate, US Q4 real GDP annualized quarter-on-quarter rate revision, US January durable goods orders month-on-month rate; Friday 22:00, US January JOLTs job openings, US 3 The preliminary readings of the one-year inflation rate and the preliminary reading of the University of Michigan Consumer Sentiment Index for March will be released. Stronger-than-expected core CPI and core PCE price indices could further support the US dollar; conversely, weaker data could weigh on the dollar and boost a rebound in spot gold. Additionally, Oracle (ORCL.N) will release its earnings report after the US stock market closes on Tuesday. (Source: ME)