Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
Friday:
• At 8:30 AM ET, Personal Income and Outlays for February. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.4%. PCE prices are expected to be up 5.1% YoY, and core PCE prices up 4.7% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for March. The consensus is for a reading of 43.6, unchanged from 43.6 in February.
• At 10:00 AM, University of Michigan’s Consumer sentiment index (Final for March). The consensus is for a reading of 63.4.