The stock market is experiencing significant volatility, with investors awaiting critical economic data and the Federal Reserve's meeting that could influence market trends. Key figures such as Nvidia's CEO will also shape investor's outlook this week.

On Friday, the stock market recovered some losses, with the Dow Jones rising over 650 points, driven by the absence of new tariff news and optimistic investor sentiment. Nonetheless, the indices still faced their worst weekly performance since March 2023.

The article discusses President Trump's efforts to assert control over independent agencies, particularly the Federal Reserve, raising concerns about the balance of power in the U.S. government.

The latest PCE report indicates a slight easing of inflation, with figures showing a 2.5% increase in January. However, consumer spending has unexpectedly pulled back, posing challenges for the Federal Reserve as it considers interest rate cuts.

Inflation eased slightly in January as concerns about President Trump's tariff plans grew. The PCE index, favored by the Federal Reserve, showed a 2.6% annual rate, signaling a potential hold on interest rates for now, despite mixed spending and income trends.