Vital Signs: Inflation Jitters Spread

On tap: May figures for consumer and producer prices, industrial output, retail sales, consumer sentiment and business inventories

It could be another bumpy ride on Wall Street this week. Investors are getting a case of inflation jitters after Federal Reserve officials, including chairman Ben Bernanke, made it clear that inflation remains the bank's top concern (see, 6/6/07, "Bernanke: The Dilemma Ahead"). That ended hopes for an interest rate cut and caused a sell off in bonds and stocks. More turmoil may be in store for investors with the latest batch of inflation data on tap.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.