Overview

• The Labor Department is set to release its March report on consumer prices, with analysts expecting a 3.4% increase from the previous year, marking a significant uptick in inflation.
• Federal Reserve minutes from the latest meeting indicate a cautious approach to interest rate cuts, despite ongoing inflation concerns.
• Big banks, including JPMorgan Chase, Citigroup, and Wells Fargo, are poised to reveal their quarterly earnings, potentially shedding light on consumer spending and credit habits.
• The manufacturing sector's expansion complicates the Federal Reserve's inflation management, with recent data suggesting a robust economy.
• Investors and economists are closely monitoring a series of economic indicators and earnings reports this week, seeking clues on inflation trends and the health of the consumer market.