Financial Roadmap: The Week Ahead June 15 to 19, 2009
The big news this week will be on the inflation front and the related issue of the dollar which has been under increasing pressure the last few weeks. With the Export/Import Price Indexes showing signs of inflation in both categories, including but not limited to big spikes in oil import prices, there are plenty of indications that dollar denominated price inflation is rearing its ugly head at home and abroad. Tuesday the BLS will release the Producer Price Index, the key measure of domestic wholesale price inflation, and Wednesday the Consumer Price Index, the headline measure of domestic retail price inflation.
