CPI data, Beige Book and oil inventories among economic data due Wednesday

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Wednesday, October 14, 2026. The spotlight will be on the Consumer Price Index (CPI) and Core CPI figures, which serve as key indicators of inflationary pressures in the economy. Additionally, the Federal Reserve’s Beige Book will provide insights into current economic conditions across the nation’s districts. Market participants will also monitor the API Weekly Crude Stock report for signals on petroleum demand and inventory levels.

Major Economic Events to Watch

• 7:30 AM ET - CPI (year-over-year): Forecast 3.6%, Previous 3.4% - Measures the change in the price of goods and services from the consumer’s perspective, serving as a key indicator of inflation and purchasing trends.

• 7:30 AM ET - CPI (month-over-month): Forecast 0.6%, Previous 0.4% - Tracks monthly changes in consumer prices, providing insight into short-term inflationary pressures.

• 7:30 AM ET - Core CPI (month-over-month): Forecast 0.2%, Previous 0.3% - Measures price changes excluding food and energy, offering a clearer view of underlying inflation trends.

Other Important Economic Events to Watch

• 4:00 AM ET - IEA Monthly Report - Provides an outlook for crude oil market developments and analyzes key trends affecting world oil demand and supply.

• 4:40 AM ET - FOMC Member Bowman Speaks - Federal Reserve Governor Michelle Bowman’s remarks may offer clues regarding future monetary policy direction.

• 7:30 AM ET - Core CPI (year-over-year): Forecast 2.5%, Previous 2.4% - Annual measure of core inflation excluding volatile food and energy prices.

• 1:00 PM ET - Beige Book - The Federal Reserve’s report on current economic conditions across the 12 Federal districts, used by the FOMC in interest rate decisions.

• 3:30 PM ET - API Weekly Crude Stock: Previous -2.090M - Inventory levels of US crude oil, gasoline, and distillates, providing an overview of petroleum demand.

Other Economic Events to Watch

• 5:00 AM ET - IMF Meetings - Annual meetings bringing together global financial leaders to discuss the world economic outlook and international development issues.

• 6:00 AM ET - MBA Mortgage Applications: Previous -4.2% - Measures the change in the number of new mortgage applications during the reported week.

• 6:00 AM ET - Mortgage Market Index: Previous 204.7 - Covers all mortgage applications during the week, including conventional and government applications.

• 6:00 AM ET - MBA Purchase Index: Previous 145.1 - Includes all mortgage applications for the purchase of a single-family home, serving as a reliable indicator of impending home sales.

• 6:00 AM ET - Mortgage Refinance Index: Previous 515.8 - Covers all mortgage applications to refinance an existing mortgage, gauging refinancing activity.

• 6:00 AM ET - MBA 30-Year Mortgage Rate: Previous 7.49% - Fixed 30-year mortgage lending rates for 80% loan-to-value mortgages.

• 7:30 AM ET - CPI Index, n.s.a.: Forecast 336.65, Previous 334.98 - Non-seasonally adjusted consumer price index measuring average price changes for a fixed basket of goods and services.

• 7:30 AM ET - CPI, n.s.a: Previous 0.32% - Non-seasonally adjusted monthly change in consumer prices.

• 7:30 AM ET - CPI Index, s.a: Previous 334.13 - Seasonally adjusted consumer price index.

• 7:30 AM ET - Core CPI Index: Previous 337.77 - Index measuring price changes excluding food and energy.

• 7:30 AM ET - Real Earnings: Previous 0.2% - Wages and salaries corrected for inflation to measure actual changes in purchasing power.

• 7:55 AM ET - Redbook: Previous 8.6% - Sales-weighted year-over-year same-store sales growth among large US general merchandise retailers.

• 8:30 AM ET - US Leading Index: Previous -0.1% - Composite average of leading indicators designed to signal peaks and troughs in the business cycle.

• 10:00 AM ET - Thomson Reuters IPSOS PCSI: Previous 50.45 - Monthly global primary consumer sentiment index based on 11 questions capturing consumer views on economic conditions.

• 10:00 AM ET - Cleveland CPI: Previous 0.2% - Measures price changes in the Cleveland metropolitan area, indicating regional inflation trends.

• 12:30 PM ET - FOMC Member Barkin Speaks - Richmond Fed President Thomas Barkin’s remarks may provide insights into monetary policy considerations.

For further information and the latest updates, please refer to our Economic Calendar, here.