Inflation
is the theme in this week's calendar starting off on Tuesday with import &
export prices followed by producer prices on Wednesday and consumer prices on
Thursday. All are expected to get a boost from the recovery in oil prices with
core rates, in a special plus, also showing strength, but probably not enough
strength however to heat up talk of a June rate hike. Retail sales will be
posted Wednesday and are expected to be held down once again by vehicle sales.
And even with another respectable showing for core sales, the results aren't
expected to lift first-quarter GDP estimates. Consumer sentiment has been
holding in better than consumer spending and will be posted on Friday along with
industrial production where, however, slowing is expected for the manufacturing
component.
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Monday, April 11, 2016
The Business Week Ahead...
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