Inflation, retail sales and big bank earnings due in coming week

The short version

• Inflation data is due next week, with consumer prices expected Wednesday and producer prices a day later.[Associated Press]
• August retail sales rose 1.2%, nearly double forecasts, and economists expect a 0.65% gain for September.[Associated Press]
• JPMorgan Chase, Citigroup and Bank of America are expected to report profit gains of 47%, 61% and 36%, with Morgan Stanley also reporting.[Associated Press]
• All figures are expectations until released, and high interest rates that let banks charge more are unlikely to ease soon.[Associated Press]

Key facts

• The Labor Department is expected to report Wednesday that consumer prices rose 0.2% month over month and 3.6% year over year.[Associated Press]
• The producer price index is due a day after consumer prices, and economists expect it to rise from 5.4% in August, up from 4.8% in July.[Associated Press]
• August U.S. retail sales rose 1.2%, nearly twice what forecasters had expected.[Associated Press]
• Economists expect retail sales to rise 0.65% in September.[Associated Press]
• The National Retail Federation will release its holiday forecast next week.[Associated Press]
• Analysts expect JPMorgan Chase to report a 47% profit boost and Citigroup a 61% profit jump when they release earnings Tuesday.[Associated Press]
• Bank of America is expected to report a 36% profit gain when it announces results Wednesday.[Associated Press]
• Several other banks, including Morgan Stanley, will also report results during the week.[Associated Press]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• 2 Inflation reports, retail sales and big bank profits all arrive in the coming weekAssociated Press · Wire: associated-press