Inflation in Focus: Will April’s CPI Data Reflect Tariff Pressure on Prices?
From Investing.com: 2025-05-13 00:51:00
Investors are eagerly anticipating the release of the Consumer Price Index (CPI) inflation report on Tuesday, with expectations of a decrease to 2.3% in April. The Federal Open Market Committee (FOMC) has expressed concerns about rising inflation due to tariffs, particularly the 10% tariffs on imports and reciprocal tariffs on China. Additionally, the retail sales report on Thursday and NFIB report on Wednesday will provide valuable insights into consumer sentiment and business confidence.
Stocks soared on Monday following the announcement of a 90-day tariff pause in the US-China trade war, with tariffs reduced to 30% on the US side and 10% on the Chinese side. Major indexes like the Dow, S&P 500, Nasdaq, and Russell 2000 are looking to bounce back from losses last week.
Earnings season continues with Walmart set to report on Thursday, where analysts are expecting earnings of 58 cents per share and revenue of $164.5 billion. Other notable companies reporting this week include Sportradar Group, Under Armour, Cisco Systems, CAVA Group, and Birkenstock.
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