- For 2005, U.S. business productivity was up 2.9%.
- The Federal Reserve is widely expected to raise official interest rates again for the 15th consecutive time at its next meeting on March 27-28, which will be the first policy meeting chaired by Ben Bernanke.
- Switzerland's Feb. Jobless rate falls to 3.8%. This is better than expected by markets and a further sign of the gradually improving state of the Swiss labor market.
- The Bank of Canada raised its overnight rate by one quarter of a percentage point to 3.75 percent as expected on Tuesday, but signaled that its current tightening cycle may be drawing to a close.
- The USDA sees declining crop condition ratings in the hard red winter belt. A full 87% of the Texas crop, for example, is rated poor to very poor while Oklahoma's wheat is 70% poor to very poor.
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