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High points for economic data scheduled for July 10 week
In the July 10 week the focus will be on the reports related to inflation – the consumer price index (CPI), final-demand producer price index (PPI), and the import and export price indexes. All three are for June and will be released at 8:30 ET on Wednesday, Thursday, and Friday, respectively. These are the last major reports on inflation that the FOMC will have in hand when Fed policymakers meet on Tuesday and Wednesday, July 25-26. With data related to the labor market showing still tight conditions despite some reductions in job openings and slowing in hiring, the inflation data will determine if the FOMC ... (full story)