US President Donald Trump announced tariffs last week, which are set to take effect on Wednesday. China responded with a 34% retaliatory tariff on US goods, expected to start on Thursday.
The upcoming week’s economic calendar is packed with key data releases, including the March Consumer Price Index (CPI) and Fed meeting minutes, consumer sentiment, wholesale inventories, and consumer credit data. Investors will be monitoring these releases for signals on prices and economic health amid uncertainty surrounding the tariffs.
Big Banks lead off first-quarter earnings, with JPMorgan Chase, Wells Fargo, BlackRock scheduled to report Friday. Delta Air Lines and CarMax also report earlier in the week. Federal Reserve meeting minutes are expected to provide insight into economic conditions and interest rate levels.
March inflation data will be released on Thursday, and investors expect it to remain unchanged. The Producer Price Index (PPI) for March will release on Friday, providing information about wholesale prices that can influence consumer prices.
Small business sentiment is also expected this week, with recent surveys showing concerns over economic conditions. Consumer sentiment data will be released on Friday, including consumer price expectations that can impact inflation direction.
Source: https://finance.yahoo.com/news/expect-markets-week-100000165.html