Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's market moving

events, along with the weekend's top news and analysis.

Hello today is Sunday March 10th and I'm your host Kim Kahn.

Our top story to look out for this week.

The markets will get the latest retail inflation figures before the bell on Tuesday, the last numbers before the March 20th Fed meeting.

Economists expect that the February CPI were 0.4% on the month with the annual inflation rate staying steady at 3.1%.

The core CPI, which excludes volatile food and energy prices,

is forecast to have risen 0.3%,

with a yearly rate falling to 3.7% from 3.9%. In a recent survey, 60% of

JP Morgan clients said that they believe the release is more likely to surprise to

the upside than the downside.

Rates have been trending lower despite signs likely to surprise to the upside than the downside.

Rates have been trending lower despite signs that disinflation was ebbing.

Since the January core PC price index showed inflation heating up, rising 0.4% on the month,

the 10-year Treasury yield is down about 10 basis points to 4.08%.

Currently the market is pricing in the near certainty that the Fed keeps rates unchanged at the next meeting.

The first rate cut is expected in June.

Michael Darda, chief economist and strategist at Roth MKM, says many on the FOMC look at the

1998 rate cuts during the Asian crisis as a contributor to the 1999 2000 equity bubble and do not want to repeat that experience

Similarly Fed Chair Jay Powell has cited 1966-67 the one time the Fed moved quickly enough to prevent

recession after a curve inversion as a mistake, that is, after a sharp slowdown.

After a dramatic two-year inflation overshoot, the FMC would probably rather risk being late and or insufficient with cuts and easing

...