WASHINGTON, Feb 19- U.S. housing starts recorded their biggest drop in almost three years in January, likely weighed down by harsh weather, but the third month of declines in permits pointed to some underlying weakness in the housing market.» Read More
Is the Fed too optimistic about employment? Reaction to the FOMC forecast and its impact on the markets, with Steven Wieting, Citigroup director of economic & market analysis and CNBC's Brian Sullivan.
CNBC's Steve Liesman takes a look at today's market moving data.
No matter how you slice it, says Kudlow, inflation is on the rise. A look at PPI, even without food and energy prices, shows inflation is running around 4.5 percent, he adds. With Joe LaVorgna, Deutsche Bank, and David Goldman, formerly of Bank of America.
Jobless claims rise more than expected; producer price index rises 0.7%, with CNBC's Rick Santelli & Steve Liesman; and Mohamed El-Erian, Pimco.