[EconCal]Inflation and Consumer Spending Data to Dictate July Market Sentiment

High-impact inflation data arrives Tuesday with CPI at 8:30 am, crucial for Fed rate paths. Wednesday features Core PPI at 8:30 am followed by the Beige Book at 2:00 pm. Retail Sales headline Thursday at 8:30 am alongside jobless claims. With markets sensitive to restrictive policy, expect volatility during Goolsbee’s Tuesday 1:00 pm speech. These metrics will dictate if the FOMC pivots, as traders monitor cooling price pressures and consumer resilience.

Watch for a CPI beat to trigger a dollar rally and pressure tech equities. If Retail Sales underperform on Thursday, recession fears may pivot the narrative toward urgent rate cuts. Traders should tighten stops and monitor liquidity around the 8:30 am releases.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.
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