Wall Street week ahead: inflation, retail sales updates
Economists expect July CPI to show inflation above 3% as the Federal Reserve watches for signs of persistent price pressure.
- This week, Wall Street expects central updates on inflation and retail sales, with major data releases scheduled through Friday.
- Inflation remains a key focus for the Federal Reserve, which is expected to raise interest rates later this year to tame rising costs.
- Wednesday features the CPI report, which Economists expect to show inflation remains above 3%, followed Thursday by the producer price index detailing business costs.
- Friday will bring the retail sales report, which provides clues into how much people are spending and where they are focusing their spending.
- These Reports help Economists and investors gauge price movements across goods and services, providing a clearer picture of inflation pressures and impacts on households for The Fed.
21 Articles
21 Articles
US Markets Week Ahead: Inflation, retail sales, home sales and earnings in focus
Following unexpectedly weak US nonfarm payrolls data for July, investors will closely watch the latest inflation readings, housing-market figures, retail sales data and consumer sentiment survey for clues about the strength of the US economy and the Federal Reserve’s next monetary policy move
Associated Press News
Wall Street week ahead: inflation, retail sales updates
Reports on inflation and retail sales are the central updates for Wall Street this week. The reports help give investors and economists a better sense of how costs for everything from gasoline to groceries are impacting sales for a wide range of businesses.
Wall St Week Ahead: Inflation data to test record-setting US stocks, Fed rate views
A sharp technology-led rally that has lifted the U.S. stock market to record peaks will be tested next week by fresh inflation data, which could build the case for the Federal Reserve to raise interest rates.
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