Wall Street Week Ahead: US inflation data and Oracle earnings in focus

Investors are turning their attention to the US economy as key inflation data is set to be released this week. The Consumer Price Index (CPI) and Producer Price Index (PPI) reports will be closely watched to gauge the pace of price growth. This information is particularly critical as it will influence the Federal Reserve's upcoming monetary policy decision at its September meeting.
For the broader market, these figures will help determine if the central bank will maintain its current interest rate stance or implement further hikes to curb inflation. Traders are also eyeing earnings from major technology companies like Oracle, which could provide additional insights into corporate performance and market sentiment. Investors should prepare for increased volatility as these key events unfold.
Excerpt from Mint
The market will closely track the latest Consumer Price Index (CPI) and Producer Price Index (PPI) reports, which are due before the Fed's September 15-16 meeting Investors on Wall Street will turn their attention to a crucial batch of US economic data in the week ahead, with inflation figures likely to play a key…Read the original at Mint
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