Skip to Content
US Videos

The Week Ahead: Data Releases to Weigh on Rate Decision

The Fed is unlikely to raise rates this week, but fresh jobs and consumer spending numbers will be closely watched ahead of the December meeting.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser, and welcome to The Week Ahead.

The market is pricing in a less than 10% chance the Fed will raise rates at its meeting next week, but that doesn't mean investors won't be pouring over the statement for signs that the central bank will move in December. And that December decision will be greatly informed by the other data released in the week, including October's jobs number and the consumer spending report which includes the Fed's preferred inflation gauge.

Other releases to look out for include auto sales, the ISM index, and the first read on third-quarter productivity.

Earnings season will slow down a bit from last week's pace. Facebook will reveal if it has continued to have strong user engagement and ad revenue growth. We'll hear from media firms CBS and Time Warner--which has just agreed to be bought by AT&T--and from an assortment of other companies including BP, Coach, Pfizer, and Kraft Heinz.

Stay tuned to Morningstar for our take on all of these stories.