#Gate广场四月发帖挑战 Next week, a large amount of consumer data will be released, and the impact of high energy prices will begin to become apparent.

As the market digests U.S. employment data, the focus next week will mainly shift to the consumer sector, especially Friday’s Consumer Price Index report and the University of Michigan Consumer Sentiment Survey. These data, along with Monday’s ISM Services PMI, February Personal Consumption Expenditures report, and Tuesday’s New York Fed 1-year Consumer Inflation Expectations, will reveal the initial effects of high energy prices and may trigger adjustments in Fed rate expectations, largely maintaining the current hawkish stance of Federal Reserve officials.
Although the timeliness is limited, the minutes from the last Federal Open Market Committee meeting released on Wednesday may confirm the hawkish shift indicated in the dot plot. Meanwhile, although U.S. tariffs have been overshadowed by geopolitical issues, they have not been forgotten. Recent articles point out changes in steel, aluminum tariffs, and drug imports. Additionally, tariff refunds may begin in April, which could further anger President Trump, prompting him to order the rapid completion of multiple Section 301 investigations, thereby granting him the authority to reimpose tariffs on most major trading partners.
Furthermore, due to concerns about loan quality and actual returns, private credit firms are facing increasing redemption requests. This less-regulated industry is under pressure. The further strain on this sector could spill over into traditional banks, triggering memories of the banking crisis from 2007 to 2008.