Inflation Data, Fed Decision in Focus Next Week

The consumer price index (CPI) and producer price index (PPI) are due out next week

Inflation data will be front and center this coming week, alongside the Federal Open Market Committee’s (FOMC) interest rate decision and Fed speeches that could give hints as to interest rate plans for the year.

Earning season is coming to a close, but Adobe (ADBE), Broadcom (AVGO), GameStop (GME), Dave & Buster’s (PLAY), and Oracle (ORCL) will still report earnings next week. 

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

The week start off slow on Monday, June 10, with no economic data scheduled. 

Tuesday, June 11 features the Organization of the Petroleum Exporting Countries (OPEC+) monthly report.

Wednesday, June 12 brings consumer price index (CPI) and core CPI data, as well as the Federal Reserve’s interest rate decision and comments from Fed Chairman Jerome Powell.

Regularly scheduled jobless claims data is slated for Thursday, June 13, along with the producer price index (PPI) and core PPI.

The import and export price indexes and Michigan consumer sentiment data are due out on Friday, June 14.

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