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Stock impact report

Fed minutes could give clues on inflation, rates [USA TODAY]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: USA TODAY
Minutes of the Federal Reserve's late July meeting will be released this week. (Photo: J. Scott Applewhite, AP) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE     Is the Federal Reserve still shrugging off weak inflation and looking to raise interest rates for a third time this year? Minutes of the Fed’s late July meeting could give some clues. This week’s economic releases will also reveal whether retail sales bounced back last month and provide the latest data on housing starts and industrial production. Retail sales have been surprisingly choppy in recent months despite solid job and income growth, and still-cheap gasoline. June brought a dip in both overall sales and a core measure that excludes volatile items such as autos and gasoline. Nomura economist Lewis Alexander figures purchases rebounded last month. And PNC Financial Services Group says Amazon Prime Day likely gave the measure a further shot in the arm. Economists surveyed expect the Co Show less Read more
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