2 Inflation reports, retail sales and big bank profits all arrive in the coming week

In the week ahead, the U.S. will receive key economic reports on inflation, retail sales, and bank profits. Inflation is a major concern as it could impact the upcoming midterm elections. Retail sales are expected to remain robust, though consumer spending may slow slightly in anticipation of the holiday season. Big banks are projected to report stronger profits due to volatile stock markets and high consumer spending.

Meanwhile, the price of oil remains high due to ongoing conflict in the Middle East, contributing to inflationary pressures. Housing sales are flat, a positive sign for the housing market.