Key Takeaways
- This week's Consumer Price Index report will be under the spotlight as investors look to the inflation data for signs of how the Federal Reserve might act.
- Federal Reserve officials will go into their "blackout period," in which they can not provide commentary leading up to their March meeting.
- Earnings from Dollar Tree, Dollar General and Kohl’s will give insight into consumer spending while various other reports could give a deeper understanding of the tech and housing markets.
Inves𒐪tors will be watching the Consumer Price Index (CPI) inflation reading this week, as will Federal Reserve representatives who♋ are in the quiet period before the Fed’s next meeting.
The latest inflation readings on tap this week are the highlight of a calendar with a limited number of economic data releases. I🎃nvestors also will be getting data on retail sales and the federal budget.
Some notable 澳洲幸运5官方开奖结果体彩网:earnings reports scheduled for this week include financial data from retailers Dollar Tree Inc. (DLTR), Dollar General Corp. (DG), and Kohl’s Corp. (KSS), while real estate and lending firms are also set to release financial results. Adobe Inc.’s earnings will indicate whether the software provider can continue to capitalize on 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) trends.
Monday, March 11
- Oracle Corp. (ORCL) reports earnings
Tuesday, March 12
- NFIB small business optimism (February)
- Consumer Price Index (February)
- On Holding AG (ONON), Kohl’s (KSS), Manchester United PLC (MANU), and LoanDepot Inc. (LDI) report earnings
Wednesday, March 13
Thursday, March 14
- U.S. retail sales (February)
- Producer Price Index (February)
- Business inventories (January)
- Adobe (ADBE), Dollar General (DG), Ulta Beauty Inc. (ULTA), and Dick’s Sporting Goods Inc. (DKS) report earnings
Friday, March 15
- Empire State manufacturing survey (March)
- Import price index (February)
- Industrial production (February)
- Consumer sentiment (March)
- Capacity utilization (February)
- Jabil Inc. (JBL) reports earnings
With Fed Representativ🍃es 🃏Quiet, Inflation Data Takes Spotlight
After recent inflation reports have shown that 澳洲幸运5官方♌开奖🍸结果体彩网:prices have been more stubborn than anticipated, economists will be watching Tuesday’s release of CPI ꦺto see whether inflation resumes its downward trajectory or whether price pressures persist.
The January CPI report showed the 澳洲幸运5官方开奖结果体彩网:inflation rate falling to 3.1%, the lowest since June, but still came in higher than forecasts. Later in the week, the Producer Price Index will show if wholesaler prices continue on the 澳洲幸🅺运5官方开奖结果体彩网:upward trend demonstrated in January.
There won’t be commentary from Federal Reserve representatives this week, due to the blackout period before the March 19 meeting of the Federal Open Market Committee (FOMC).
U.S. retail sales data on Thursday will show if the economy can continue to count on a strong consumer after 澳洲幸运5官方开奖结果体彩网:recent signs of weakness, while surveys on consumer and small busine𒅌ss sentiment will also demons💝trate if optimism on the economy improves.
Retail, Real Estate Earnings To Provide Insigh🌠tꦗs Into Sectors
Along with the retail sales report this week, earnings calls from Dollar Tree, Dollar General, Kohl’s, and other retailers will help 🌼show whether consumer spending remains resilient.
澳洲幸运5官方开奖结果体彩网:Earnings reportsꩵ from builder Lennar and mortgage lender LoanDepot will provide insight into the realꦐ estate industry as persistently high interest rates have chilled mortgage lending.
Investors also will be watching the earnings report from Adobe, which is relying on new AI tools to drive the sales of its products. Other tech earnings for the week include Oracle’s report on Monday.