Next week on Wall Street, investors will get the latest read on inflation and hear from the top central banker who watches that closely, Fed Chair Jerome Powell.
The producer price index - out Tuesday - is expected to show an increase of 1.8% on a yearly basis - the same as the previous month. Two days later - Look for consumer prices to inch up just 0.1% . Core prices, which exclude food and energy items, are expected to rise 0.2%, a tad slower than the month before.
Federal Reserve Chairman Jerome Powell will be speaking before the National Association for Business Economics on Tuesday, one day before the release of the minutes from the Fed's September meeting at which policy makers voted to cut interest rates. Weak economic data on manufacturing and services activity earlier this week have Wall Street betting that the Fed will cut rates again at month's end.
Delta Air Lines could give the markets some support. It's expected to report Thursday higher quarterly revenue and profit, thanks to strong demand for travel.