This morning we have CPI releasing which will tell us how the economy is doing with respect to inflation.
You can see that last month we came in at 0.2%. Before that we had our lowest reading in a long time, nearly deflationary, which shocked the market.
What we want to see is a continuation of low numbers to prove that inflation is subsiding and we can move ahead with rate cuts.
Remember that the FOMC interest rate decision is next week.