New market week: September earnings reporting season and inflati
On the economic front, the Bureau of Labor Statistics will release the consumer price index for September, which is forecast to increase 0.3% in both headline and core CPI, compared to the post-pandemic peak figures from September. 2022. The Federal Open Market Committee is scheduled to release minutes from its mid-September monetary policy meeting on Wednesday. On the same day, BLS will also release the producer price index with core PPI expected to increase by 2.3%.
Other key data to be released include the National Federation of Independent Business's small business optimism index for September, which is expected to come in at 91.4. The University of Michigan's Consumer Sentiment Index for October is forecast to reach 67.
Inflation expectations for the year ahead continue to be an important focus for investors as they scrutinize these data points and corporate earnings results next week.
Other key data to be released include the National Federation of Independent Business's small business optimism index for September, which is expected to come in at 91.4. The University of Michigan's Consumer Sentiment Index for October is forecast to reach 67.
Inflation expectations for the year ahead continue to be an important focus for investors as they scrutinize these data points and corporate earnings results next week.
