{"id":211634,"date":"2026-02-19T10:15:00","date_gmt":"2026-02-19T15:15:00","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/"},"modified":"2026-02-23T09:48:05","modified_gmt":"2026-02-23T09:48:05","slug":"economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/","title":{"rendered":"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March<\/li>\n\n\n\n<li>Q4 GDP and PCE inflation data may test whether the bond market\u2019s slowdown signal holds up<\/li>\n\n\n\n<li>FOMC Minutes, Flash PMIs, and UMich sentiment round out a pivotal stretch for policy expectations and risk assets<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">January Retail Sales was the big data point to kick off the holiday-shortened trading week on Wall Street&#8230; just kidding&#8230; at least it was in an alternate, non-government-shutdown universe! Alas, it appears we won\u2019t get the first complete consumer read for a few more weeks. But that doesn\u2019t mean there isn\u2019t a busy data slate for the balance of this week.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A three-decade alpha sprint to begin 2026 comes as the U.S. large-cap index drifted into the red YTD this past Tuesday morning. Indeed, \u201cthe stock market\u201d is not a monolith.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-rotation-nation-nbsp\">Rotation Nation&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Diversification and dispersion are the asset-allocation passwords at the moment. Domestic \u201cSMID\u201d caps have been outperforming, along with defensive sectors like Consumer Staples and the embattled Real Estate niche. Energy and Materials, presumed \u201clate-cycle\u201d plays, remain best among the 11 S&amp;P 500 sectors through the year\u2019s first 31 trading days.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And it\u2019s that combination\u2014defensives and late-cycle names\u2014that makes some market technicians nervous.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-seasonal-jitters-and-ai-s-heel-turn-nbsp\">Seasonal Jitters and AI\u2019s Heel Turn&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The anxiety hits during a notorious calendar period. Recall that equities topped on February 19th in 2020 and 2025. Three\u2019s a charm if you\u2019re a bear. Just as COVID-19 and the tariff meltdown were downside drivers in past years, a new bugaboo could be spooking investors this go-round.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Call it the \u201csoftware-as-a-<em>dis<\/em>service\u201d trade, or\u00a0<a href=\"https:\/\/www.wallstreethorizon.com\/blog\/The-Great-AI-Squeeze\" target=\"_blank\" rel=\"noreferrer noopener\">AI turning heel<\/a>. No matter the moniker, former stalwart high-margin, high-ARR tech plays have come under attack by AI\u2019s deflationary vigilantes. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-a-dangerous-and-upbeat-backdrop-at-the-same-time-nbsp\">A Dangerous and Upbeat Backdrop At the Same Time?&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">But what changes this landscape? Well,&nbsp;<a href=\"https:\/\/www.wallstreethorizon.com\/blog\/Earnings-Hold-the-Line-as-Retailers-get-Ready-to-Report-Amid-Major-Sector-Rotation-and-Tech-Fallout\" target=\"_blank\" rel=\"noreferrer noopener\">fundamental earnings<\/a>&nbsp;and economic data could reorient narratives and price action. Within the former category, Walmart&#8217;s (WMT) earnings report tomorrow morning, February 18, offers a consumer glimpse, but be on the lookout for AI nuggets.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You see, the now-trillion-dollar market cap company is not merely a big-box retailer\u2014it\u2019s an AI and automation juggernaut. John Furner succeeded former CEO Doug McMillon this month, and he may look to make a splash. What would send ripples more than insights into AI and cost-cutting efforts? We\u2019ll be watching.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-data-deck-nbsp\">The Data Deck&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">And then there\u2019s the latter category\u2014macro data. According to our partners at Econoday, FOMC Minutes hit the tape this afternoon. The Fed is probably on hold for the duration of Chair Powell\u2019s chairmanship, but a final rate cut before June shouldn\u2019t be ruled out\u2014at least according to the bond market. The 2-year Treasury yield dipped to cycle lows (back to August\u2013September 2022) this week, suggesting that sluggish growth may pose a greater risk than hot inflation. That may sound strange (given where the Atlanta Fed\u2019s GDPNow model has been running), but bond-market action shouldn\u2019t be dismissed.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We\u2019ll know more by Friday. Our economic calendar notes that a data onslaught lies ahead. Markets will absorb the first look at U.S. Q4 GDP. Expectations call for a 3.0% quarter-on-quarter annualized real growth rate, which would be a material deceleration from Q3 2025\u2019s 4.4% scorching pace. To be clear, trade data and even gold exports continue throwing off normalized GDP figures. So, don\u2019t be surprised if traders overlook an out-of-line headline number.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-another-inflation-test-albeit-dated-nbsp\">Another Inflation Test (Albeit Dated)&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">What may matter more is the inflation side of the Q4 report. The October through December Personal Consumption Expenditure (PCE) update will be our clearest inflation view yet (the January PCE inflation data announcement date remains TBA). With December CPI and PPI in hand, the Street sees a potentially warm year-end print.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Going forward, many economists expect a gradual easing in the inflation rate once \u201cLiberation Day\u201d is lapped\u2014YoY comps turn friendlier for the inflation doves. We\u2019ve already heard from San Francisco Fed President Mary Daly and Chicago Fed President Austen Goolsbee suggesting that rate cuts could be in the works if inflation cooperates.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-business-amp-consumer-touchpoints-nbsp\">Business &amp; Consumer Touchpoints&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There will be a lot to unpack at 8:30 a.m. ET before the bell on Friday, but the action continues later in the morning. At 9:45 a.m. come S&amp;P Global Flash PMIs. With a February read, we\u2019ll see if the latest manufacturing survey results match the surprisingly upbeat responses from the January Institute for Supply Management (ISM) Manufacturing PMI. Unlike the ISM\u2019s version, S&amp;P Global PMIs have been above 50 for some time. Better vibes among business owners and corporate managers could portend an improved labor market later in the year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finally, consumer sentiment rounds out the morning of economic data, both hard and soft. This will be the second and final update to February\u2019s University of Michigan Surveys of Consumers. The initial report was sharply more upbeat than expected. A sanguine survey set would lend further credence to the notion of the \u201cvibe-pression\u201d turning a corner. The \u201cK-shaped\u201d economy appears full steam ahead, though.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-the-bottom-line-nbsp\">The Bottom Line&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s a short week for traders and portfolio managers, but a long one for those dissecting macro data points. FOMC Minutes hits before a slew of mid-tier economic updates on Thursday. Friday morning could be the big reveal, with growth and inflation numbers followed by bellwether business and consumer surveys. Through it all, corporate earnings keep rolling in, along with a very busy&nbsp;<a href=\"https:\/\/www.wallstreethorizon.com\/blog\/2026-Themes-Emerge-Leading-Into-a-Busy-Q1-Second-Half-Investor-Conference-Season\" target=\"_blank\" rel=\"noreferrer noopener\">conference-speaking circuit<\/a>.\u200b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8212;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally Posted on February 18, 2026 &#8211; <a href=\"https:\/\/www.wallstreethorizon.com\/blog\/Economic-Data-Alphabet-Soup-on-the-Menu\" target=\"_blank\" rel=\"noreferrer noopener\">Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Copyright <sup>\u00a9<\/sup> 2026 Wall Street Horizon, Inc. All rights reserved. Do not copy, distribute, sell or modify this document without Wall Street Horizon&#8217;s prior written consent. This information is provided for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of the information contained in this publication, and we are not responsible for any errors or omissions in or your use of, or reliance on, the information. This publication is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The information provided is not an invitation to purchase securities, including any listed on Toronto Stock Exchange and\/or TSX Venture Exchange. TMX Group and its affiliated companies do not endorse or recommend any securities referenced in this publication. This publication shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. TMX, the TMX design, TMX Group, Toronto Stock Exchange, TSX, and TSX Venture Exchange are the trademarks of TSX Inc. and are used under license. Wall Street Horizon is the trademark of Wall Street Horizon, Inc. All other trademarks used in this publication are the property of their respective owners.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.<\/p>\n","protected":false},"author":586,"featured_media":211635,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[146,147,8,12,148,7],"tags":[],"contributors-categories":[455],"class_list":["post-211634","post","type-post","status-publish","format-standard","has-post-thumbnail","category-macro","category-north-america","category-region","category-securities","category-text-articles","category-traders-insight","contributors-categories-wall-street-horizon"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich<\/title>\n<meta name=\"description\" content=\"Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/211634\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich\" \/>\n<meta property=\"og:description\" content=\"Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-19T15:15:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-23T09:48:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christine Short\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christine Short\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Christine Short\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\"\n\t            },\n\t            \"headline\": \"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich\",\n\t            \"datePublished\": \"2026-02-19T15:15:00+00:00\",\n\t            \"dateModified\": \"2026-02-23T09:48:05+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/\"\n\t            },\n\t            \"wordCount\": 1226,\n\t            \"commentCount\": 0,\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/02\\\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png\",\n\t            \"articleSection\": [\n\t                \"Macro\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/\",\n\t            \"name\": \"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich - IBKR Campus EU\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/02\\\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png\",\n\t            \"datePublished\": \"2026-02-19T15:15:00+00:00\",\n\t            \"dateModified\": \"2026-02-23T09:48:05+00:00\",\n\t            \"author\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\"\n\t            },\n\t            \"description\": \"Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/02\\\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2026\\\/02\\\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png\",\n\t            \"width\": 1920,\n\t            \"height\": 1080\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/abc12775791de999262b4ab21ec2ce51\",\n\t            \"name\": \"Christine Short\",\n\t            \"description\": \"Christine Short, Head of Global Corporate Events Research, is focused on publishing research on Wall Street Horizon event data covering 9,500 global equities in the marketplace. Over the past 15 years in the financial data industry, her research has been widely featured in financial news outlets including regular appearances on networks such as CNBC, Fox Business and Yahoo Finance to talk corporate earnings and the economy.\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/christine-short\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich","description":"Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/211634\/","og_locale":"en_US","og_type":"article","og_title":"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich","og_description":"Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/","og_site_name":"IBKR Campus EU","article_published_time":"2026-02-19T15:15:00+00:00","article_modified_time":"2026-02-23T09:48:05+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png","type":"image\/png"}],"author":"Christine Short","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Christine Short","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/"},"author":{"name":"Christine Short","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51"},"headline":"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich","datePublished":"2026-02-19T15:15:00+00:00","dateModified":"2026-02-23T09:48:05+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/"},"wordCount":1226,"commentCount":0,"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png","articleSection":["Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/","name":"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png","datePublished":"2026-02-19T15:15:00+00:00","dateModified":"2026-02-23T09:48:05+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51"},"description":"Amid earnings and conferences, a packed week of macro releases could reshape the growth and inflation narratives heading into March.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#primaryimage","url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png","contentUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/securities\/macro\/economic-data-alphabet-soup-on-the-menu-fomc-minutes-gdp-pce-pmis-umich\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Economic Data Alphabet Soup on the Menu: FOMC Minutes, GDP, PCE, PMIs, UMich"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/abc12775791de999262b4ab21ec2ce51","name":"Christine Short","description":"Christine Short, Head of Global Corporate Events Research, is focused on publishing research on Wall Street Horizon event data covering 9,500 global equities in the marketplace. Over the past 15 years in the financial data industry, her research has been widely featured in financial news outlets including regular appearances on networks such as CNBC, Fox Business and Yahoo Finance to talk corporate earnings and the economy.","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/christine-short\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2026\/02\/Economic-Data-Alphabet-Soup-on-the-Menu-1920-x-1080-px.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/211634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/586"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=211634"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/211634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media\/211635"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=211634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=211634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=211634"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=211634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}