Upcoming Economic Reports and Fed Speakers
This Week
Monday:
- Personal Income and Outlays: Expected to show a moderate increase in consumer spending, supported by strong job growth and rising wages.
Tuesday:
- Consumer Price Index (CPI): A key inflation measure that tracks changes in the cost of goods and services. Investors will be watching for signs of persistent inflation.
Wednesday:
- Federal Reserve Policy Announcement: The Fed is widely expected to raise interest rates by 25 basis points, in line with its commitment to combat inflation.
Thursday:
- Weekly Jobless Claims: A measure of new unemployment claims that provides insights into the health of the labor market.
Next Week
Monday:
- New Home Sales: Expected to decline slightly due to rising mortgage rates and cooling demand.
Tuesday:
- Producer Price Index (PPI): Measures changes in prices received by producers of goods and services. It can provide early indications of inflation pressures.
Wednesday:
- Retail Sales: A key indicator of consumer spending, which accounts for a significant portion of the U.S. economy.
Thursday:
- Federal Reserve Speaks: Several Fed officials are scheduled to speak this week, offering their views on the economy and monetary policy.
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