Week Ahead: Wall Street braces for inflation data, big bank earnings and Middle East developments
New Delhi, July 12 -- The week ahead is expected to be a crucial one for Wall Street investors as markets prepare for key inflation data, second-quarter earnings reports from major US banks and fresh updates on global geopolitical developments.
Investors will closely track the latest consumer and wholesale inflation figures as they assess the future direction of the Federal Reserve's monetary policy. The data will provide important clues about whether inflationary pressures are easing and how policymakers may approach interest rates in the coming months.
Adding to the focus on monetary policy, Federal Reserve Chairman Kevin Warsh is scheduled to deliver his semiannual monetary policy testimony before the US Congress. Investors will be w...
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