0918 ET - Following a firmer consumer inflation report, economists and Federal Reserve officials will turn their attention to two other key economic releases this week: wholesale inflation and retail sales. Economists polled by WSJ expect September wholesale inflation to rise 5.5% from a year earlier, up from 5.4% in August. With both the CPI and PPI reports in hand, economists will calculate their forecasts for the Fed's preferred inflation gauge, the PCE price index. Bank of America expects September retail sales to come in slightly above consensus, reflecting resilient consumer spending. Some Fed officials have pointed to robust consumer spending as a sign of broader economic strength.
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