CPI Data and FOMC Minutes to Shape Markets Next Week

As traders prepare for another significant week in the financial markets, a number of key decisions and economic data releases are anticipated to influence market dynamics. On Wednesday, attention will turn to the minutes from the Federal Open Market Committee (FOMC) meeting, which might provide insights into upcoming monetary policy changes. Thursday will see the release of the Consumer Price Index (CPI) data, an important indicator of inflation trends. Traders will also be keeping an eye on the Producer Price Index (PPI) report scheduled for Friday, as it may shed light on inflationary pressures within the economy.

Major Economic Events to Watch

• Wednesday, October 9, 10:30 AM ET: EIA Crude Oil Inventories – Previous: 3.889M
• Wednesday, October 9, 2:00 PM ET: FOMC Meeting Minutes
• Thursday, October 10, 8:30 AM ET: CPI (MoM) – Forecast: 0.1%, Previous: 0.2%
• Thursday, October 10, 8:30 AM ET: Core CPI (MoM) – Forecast: 0.2%, Previous: 0.3%
• Thursday, October 10, 8:30 AM ET: CPI (YoY) – Forecast: 2.3%, Previous: 2.5%
• Thursday, October 10, 8:30 AM ET: Initial Jobless Claims – Previous: 225K
• Friday, October 11, 8:30 AM ET: PPI (MoM) – Forecast: 0.1%, Previous: 0.2%

This article was generated with the support of AI and reviewed by an editor. For more information, please see our terms and conditions.