The Week Ahead: CPI, Fed Chair Warsh and earnings set the tone for U.S. stocks

U.S. stocks are set to be driven by an event-heavy week highlighted by inflation data and Federal Reserve Chair Kevin Warsh’s testimony, with earnings results also shaping sentiment. The schedule begins Monday, Jul 13, alongside Fed appearances from multiple officials, while CPI releases land Tuesday at 12:30 GMT for both core and headline measures, followed by PPI and the Empire State Manufacturing Index Wednesday. Warsh is scheduled to testify after the close at 14:00 GMT on Jul 15, and crude oil inventories are listed for 14:30 GMT. Earnings kick off with major banks reporting Tuesday (JPMorgan Chase, Goldman Sachs, Bank of America, Wells Fargo, and Citibank), followed Wednesday by Morgan Stanley and BlackRock, plus Johnson & Johnson and others. Market focus will center on whether Fed officials reinforce a patient approach and on corporate margins.