Economics For The Week Ahead – CPI, Inventories and The Fed
December 10, 2012 9:00 am
After the “amazing” jobs report on Friday, investors will be quite curious to see the response from the Fed. On Wednesday, Mr. Bernake will provide a rate decision and further details about the state of the economy. The question that we all want to know is if the pace of the recent jobs data will sway the Fed from further easing. Bets are that it will not in the least.
Other that that , retails sales numbers are expected to stay flat with the previous month as is the CPI. Inventories have been on the rise of late. While this is good for GDP numbers, we will have to watch the inventory-to-sales ratio to see exactly if the increase is due to additional orders or otherwise. With manufacturing slowing, it would seem that orders are also on the decline.