The Consumer Price Index is expected to be up 3.6%. Results from Oracle, Adobe, and Lennar. And a policy decision from the European Central Bank.
The latest inflation data will be this week’s main event, coming right before the Federal Reserve’s September policy meeting. Several investor days, an Apple iPhone-unveiling event, and a European Central Bank interest-rate decision will be other highlights.
The Bureau of Labor Statistics will release the consumer price index for August on Wednesday morning. Economist consensus calls for a 3.6% year-over-year increase in the headline index and a 4.4% rise in the core CPI, which excludes food and energy components. On Thursday, the BLS will release the producer price index for August.
The National Federation of Independent Business releases its Small Business Optimism Index for August. The consensus call is for a 91.3 reading, slightly less than the July figure.The Bureau of Labor Statistics releases the consumer price index for August. Economists forecast a 3.6% year-over-year increase, four-tenths of a percentage point more than in July. The core CPI, which excludes volatile food and energy prices, is expected to rise 4.4% following a 4.7% gain previously.
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