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Wall Street & The White House

@ The White House

In the morning, the President will travel to Largo, Maryland where he will deliver remarks on American energy at Prince George?s Community College.

In the afternoon, the President will meet with Secretary of the Treasury Tim Geithner in the Oval Office. In the evening, the President will meet with senior advisors in the Oval Office.

@ Wall Street

Producer Price Index (Feb.) Producer prices likely climbed sharply as energy (especially oil) came roaring back as the main villain in the inflation story.

Energy prices are seen rising 1.9% with a 5.5% increase in gasoline offsetting a decline in natural gas. Core inflation, meanwhile, is clocked at more subdued 0.2% pace as higher oil prices haven?t filtered into other prices yet.

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