High volatility is expected this week with key inflation and labor data. Thursday, in 3 days, the September CPI report (8:30 AM EST) is pivotal, with headline and core inflation projected around 3.1% YoY, influencing Fed rate cut probabilities for the October 28-29 meeting. Flash PMIs (9:45 AM EST) will offer business activity insights. Wednesday, in 2 days, Initial Jobless Claims (8:30 AM EST) and Existing/New Home Sales (10:00 AM EST) provide labor and housing market health checks amidst a dovish Fed outlook and ongoing government shutdown data delays.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.