The Week Ahead – December 12, 2022
Two of the biggest economic events that remain for 2022 hit the calendar this week, with the November CPI report and Federal Reserve meeting having the potential to set the tone for the remaining three weeks of the year.
While a mild CPI print is not anticipated to jolt the Fed away from its hawkish stance, a flat reading or surprise to the upside could reset expectations for investors out in front of their skis for betting on an inflation peak. The earnings calendar is razor-thin for the week, however, key events for Yum Brands (NYSE:YUM), Pfizer (NYSE:PFE), J.M. Smucker (SJM), Volkswagen (OTCPK:VWAGY) and Centene Corporation (NYSE:CNC) will keep investors on their toes.