Inflation will be in focus in the week ahead as stocks attempt to sustain all-time highs

Some key inflation readings in the week ahead could bolster the case for a September interest rate cut, as investors deliberate how long stocks can sustain their rally to record highs. After a rocky start to the year, a recently improving inflation picture has investors hopeful the Federal Reserve could soon start to lower rates.

Small Business Index Wednesday July 10 10 a.m. Wholesale Inventories final Thursday July 11 8:30 a.m. Consumer Price Index 8:30 a.m. Initial Claims 2 p.m. Treasury Budget Earnings: Delta Air Lines , PepsiCo , Conagra Friday July 12 8:30 a.m. Producer Price Index 10 a.m. Michigan Sentiment preliminary Earnings: Citigroup , Wells Fargo , JPMorgan Chase , Fastenal , Bank of New York Mellon

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PCE inflation expected to cool as markets lean towards September Federal Reserve rate cutThe core Personal Consumption Expenditures (PCE) Price Index, the US Federal Reserve’s (Fed) preferred inflation measure, will be published on Friday by the US Bureau of Economic Analysis (BEA) at 12:30 GMT.
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