The i-word. Again.
Inflation might be on the verge of a comeback, and Federal Reserve Chair Jerome Powell’s really not down for this one. Price growth has been chilling in the background lately, with all eyes on growth and jobs. But with Donald Trump throwing around talk of tariffs and tax cuts, inflation’s about to take center stage. Again.
Core CPI, or inflation numbers that strip away volatile food and energy prices, rose for the first time in over a year in September.
Though nothing wild is expected in October data due out next week, it’s worth keeping an eye on where prices are heading. A policy shake-up could put the i-word back in the Fed’s crosshairs. (November 13)
Lulu-palooza?
Lulu, the Middle East groceries superstar, is hitting the Abu Dhabi exchange on Thursday. It’s rolling out 25% of the company at a potential $5 billion valuation. With more than 200 stores across the GCC, this household name was fully subscribed in an hour last week. The big question: can Lulu keep up the hype in a market where IPO buzz often fades fast? (November 14)
$$$$ szn
Big names across the US, India and the UAE are dropping their numbers next week. Aramex, Zoom, Disney and Sam Altman’s Oklo are stepping up from the US. Hero MotoCorp, the biggest motorcycle maker worldwide, reports from India. And here in the UAE, Emaar – owner of the world’s tallest tower and a huge real estate player – will report its third-quarter results on Tuesday. (November 11-15)
