What's coming up next week

It's been years since the PPI report mattered for markets but it did today. The 4.2% y/y reading briefly rattled the market today, leading to a selloff in bonds.

That's a sign that inflation is going to be front-page news for the remainder of the year. We will get a big test on Tuesday with the March CPI report. Here's what else is coming up on the calendar.


  • US monthly budget statement


  • CPI


  • Import/export prices
  • Fed's Beige Book


  • Initial jobless claims
  • Retail sales
  • Philly Fed
  • Industrial production
  • Business inventories


  • Housing starts/building permits
  • U Mich prelim consumer sentiment