Key inflation and housing market indicators will be released, offering insights into pricing pressures and lending activity.
The Bureau of Labor Statistics will release the Producer Price Index for final demand at 8:30 AM ET, a critical measure of inflation at the wholesale level. Economists expect the data to reflect ongoing pricing trends amid shifting supply chain dynamics and demand conditions.
Earlier in the day, the Mortgage Bankers Association will publish its weekly mortgage applications index at 7:00 AM ET. The report tracks purchase and refinance activity, providing a snapshot of housing market health and consumer borrowing trends. Last week’s data showed a modest decline in applications.
Markets will monitor both releases for signals on inflation persistence and housing sector resilience, which could influence Federal Reserve policy expectations.