Inflation Data, Nvidia Earnings, and Fed Policy in Focus This Week

The upcoming week will be packed with key market events that could shape investors' expectations for inflation, economic growth, and Federal Reserve policy. On Wednesday, the US will release July PCE inflation data, which is expected to show a 0.2% month-on-month increase in core PCE inflation, keeping the annual rate above the central bank's 2% target.

This report will provide fresh insight into price pressures ahead of the September Federal Reserve meeting. The Fed has been monitoring employment and inflation closely when assessing interest rate policy. Recent labor data showed weaker hiring conditions, giving policymakers more time to evaluate economic trends.

On Friday, Fed Chair Kevin Warsh will speak at the Jackson Hole Economic Symposium, where he is expected to provide details about the Federal Reserve's approach to inflation, economic growth, and interest rate decisions. Treasury auctions and escalating US-Iran tensions could add further volatility across bond, equity, and energy markets.

Nvidia earnings are also scheduled for release before US markets open on August 27, providing updates on artificial intelligence demand and technology sector performance.