Investors eagerly await Walmart’s quarterly report for insights into U.S. consumer health amidst rising inflation and potential tariff impacts. The S&P 500 showed resilience despite inflation concerns. Walmart’s comments will be closely watched, as they could indicate how higher costs are affecting discretionary spending. Results from other consumer companies will also provide crucial economic insights in the coming weeks.
RBI unlikely to play Santa again in February
Consumer price inflation picked up to 0.71% YoY in November from 0.25% in October, driven by persistent food price deflation and weak core inflation. Most