- The Producer Price Index for February rose .4% versus estimates of a .3% increase and a .3% gain in January.
- The PPI Ex Food & Energy for February rose .1% versus estimates of a .1% gain and a .8% increase in January.
- At 2:15 EST the Fed is expected to raise the Fed Funds rate by 25 basis points to 2.75% and retain the phrase “measured pace” with respect to the pace of future hikes.
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