U.S. inflation data and technology earnings share this week's calendar, with two price reports offering fresh evidence before the Federal Reserve decides whether to change interest rates in December.
The Bureau of Labor Statistics (BLS) has scheduled the October Consumer Price Index (CPI) release for 8:30 a.m. ET Tuesday, Nov. 10. Its October Producer Price Index (PPI) release follows at 8:30 a.m. ET Friday, Nov. 13.
The releases measure prices at different stages. The CPI tracks changes in what consumers pay, while the PPI measures prices from producers' perspective. The Fed's 2% long-run inflation objective uses a separate gauge, the personal consumption expenditures price index.
In September, the CPI rose 3.7% over 12 months. The PPI for final demand increased 6.3% over the year.
Monthly price changes were also substantial in September. Consumer prices rose 0.6% from August, while final-demand producer prices increased 1.3%. The BLS reported a 9.1% monthly rise in gasoline prices.
Employment data provide another point of reference before the Fed meeting. The BLS reported a 165,000 payroll gain in October; the previous 12-month monthly average was 48,000. The unemployment rate also fell to 4.1%.
CoreWeave Inc. has scheduled its third-quarter results call for 5 p.m. ET Tuesday, after the CPI release. Nebius Group N.V. has a third-quarter results event before U.S. trading begins Thursday, Nov. 12. Cisco Systems, Inc. plans to report fiscal first-quarter 2027 results after the market closes Thursday and hold a call at 4:30 p.m. ET.
The next scheduled U.S. employment report is due Dec. 4. The Fed meets Dec. 8-9, with its policy decision scheduled for Dec. 9.
