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In a data dependent decision world, concerns about financial stability are casting a long shadow. 

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SVB and CPI.
Welcome to the Know the Difference Minute for Tuesday, March 14th.
A week ago, the debate was simply about a 25 or 50 basis point hike at the next Fed meeting.
Then came the Silicon Valley Bank implosion. Now, Powell and the Central Bank are on the horns of a dilemma. The Fed has historically cut interest rates following major negative financial events, such as a bank failure. But it’s too early with an inflation battle still raging. It’s likely the Fed, for now, may focus more on boosting confidence in the financial system.
About that inflation. CPI arrived today. Headline was 6%, down from January’s 6.4. Strip out food and energy—and the core number was up .5%.
In a data dependent decision world, concerns about financial stability are casting a long shadow. We’ll be closely watching what happens next week.
I’m Dave Spano from Annex Wealth Management. That is your Know the Difference Minute.