A key update on inflation and its impact on consumer confidence, economic growth and interest rate policy will fill a busy calendar this week along with more big earnings reports.
They all arrive just weeks before the Nov. 3 midterm elections that will determine the future makeup of Congress as the U.S. economy grapples with constantly shifting global trade conflicts and a global oil shortage brought on by the U.S. war with Iran. Inflation is stubbornly high, consumers are losing confidence and the resilient jobs market is showing more signs of stress.