CNBC Economy

The NFIB's survey showed a reading of 88.5, down nearly a point from February to the lowest since December 2012.

Clarida said his former colleagues need to be on guard against sticky prices that could thwart plans to ease this year.

Falling fertility rates are set to spark a transformational demographic shift, with big implications for the global economy, according to a new study.

The Swiss National Bank surprised the market with a decision to lower its main policy rate by 0.25 percentage points to 1.5%.

"By June we will have a new set of projections that will confirm whether the inflation path we foresaw in our March forecast remains valid," the ECB chief said.

"This is going to cause further liquidity squeeze," one Istanbul-based economist told CNBC.

Price pressures increasing at a faster-than-expected pace raised concern that inflation could be more durable than anticipated.

The producer price index for February was expected to increase 0.3%, according to the Dow Jones consensus estimate.

"We do have to take our time to get that right, from holding to dialing back restriction," Philip Lane.

The U.K. economy entered a technical recession in the final quarter of last year.

The CNBC/NRF Retail Monitor, derived from actual credit card spending data from Affinity Solutions, rose 1.06% in February, when excluding autos and gas.

Inflation rose again in February, keeping the Fed on course to wait at least until the summer before starting to lower interest rates.

On a year-over-year basis, headline inflation is expected to show a 3.1% gain and core inflation a 3.7% increase in February.

At the three-year range, expectations rose 0.3 percentage point to 2.7%, while the five-year outlook jumped even more, up 0.4 percentage point to 2.9%.

In a CNBC interview, Trump cited both economic and political benefits from targeting foreign goods entering the U.S.

The earnings come after the Saudi government transferred an additional 8% of Aramco shares, worth $164 billion, to Saudi Arabia's Public Investment Fund.

Black women saw their labor force participation rate rise to 63.4% from 62.9%, and their unemployment rate slide to 4.4% from 4.8%.

Nonfarm payrolls were expected to increase by 198,000 in February, according to the Dow Jones consensus estimate.

The nonfarm payrolls report is expected to show growth of 198,000 and the unemployment rate holding steady at 3.7%.

The total of 84,638 planned cuts showed an increase of 3% from January and 9% from a year ago.