3 things investors need to know this week!

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Consumer prices rise more than forecast as inflation pressures persist:?Inflation pressures remained persistent in February as prices for shelter and gas rose, according to the latest data?from the Bureau of Labor Statistics released Tuesday morning.

The Consumer Price Index (CPI) rose 0.4% over the previous month and 3.2% over the prior year in February, slightly higher?than January's 0.3% month-over-month increase?and 3.1% annual gain. Both measures roughly matched economist forecasts of a 0.4% month-over-month increase and a 3.1% annual increase.?

Source: Yahoo Finance

S&P 500, Nasdaq futures march higher after CPI surprise:?US stock futures added to gains on Tuesday after key inflation data came in hotter than expected to help set expectations for the timing of a Federal Reserve interest-rate cut. S&P 500 (^GSPC) futures rose 0.5%, while those on the tech-heavy Nasdaq 100 (^NDX) were roughly 0.8% higher after?two days of losses. Dow Jones Industrial Average (^DJI) futures were up 0.2%. Investors are digesting the Consumer Price Index release, one of the most important data inputs for the Fed in deciding its next policy move.?

?Source: Bloomberg

ECB Is Leaning Toward Keeping Banks' Minimum Reserve Level at 1%:?The European Central Bank is leaning against any immediate change in the amount of money lenders need to park with it interest-free, removing for now the threat of a hit to bank profitability. Ahead of a crucial meeting on Wednesday on a revamp of the ECB’s framework for implementing monetary policy, a push by some hawkish officials to increase the so-called Minimum Reserve Requirements, or MRR, from the current 1% has struggled to gain momentum, according to people with knowledge of the matter.

Source: Bloomberg