as hampton peerson reports, the federal reserve will pay close >> this week policymakers will get the latest economic snapshot on housing, inflation, the strength of manufacturing and business investment and another round of revisions in overall economic growth. today the national association of realtors said existing home sales rose just over 1% in february. the forecast for new home sales out tomorrow predicts a 4% decline. and the purchase of durable goods, big ticket items including aircraft orders and new cars is a key barometer on business inv but leading economists say it is the inflation data and the consumer price index that will be most closely watched by the fed. >> everything from falling prices at the grocery store now are offsetting a slight uptick in prices at the pump. although they've since come down. we get out of our groceries and what we spend at the pump. >> reporter: continuing volatility in the currency market. another headache for policy makers when looking at economic growth and inflation. >> we've had a major move up in the dollar. the dollar is a very strong