PPI releases this morning, the Senate Banking Committee takes up the most consequential US crypto legislation of the year on Thursday, and NVIDIA and Walmart report next week.

Producer Price Index (April 2026) — today, May 13

The April PPI print lands at 8:30 a.m. ET this morning. PPI measures prices received by domestic producers and functions as a pipeline view of inflation: wholesale cost pressures tend to feed through to consumer prices over time, making this a useful leading indicator rather than a lagging one.

The April data arrives in a specific macro context. The Q1 2026 GDP advance estimate showed the economy expanding at a solid pace, while the PCE price index, the Fed’s preferred inflation gauge, came…