Next Week’s Macro Outlook: Core PCE Data Incoming, Powell to Deliver Semiannual Monetary Policy Testimony
A preview of key U.S. macroeconomic events for next week is as follows:
Monday 22:00, Federal Reserve Governor Bowman delivers a speech on monetary policy and the banking sector.
Tuesday 22:00, Federal Reserve Chair Powell testifies on the semiannual Monetary Policy Report before the House Financial Services Committee.
Wednesday 00:30, FOMC permanent voting member and New York Fed President Williams delivers a speech.
Wednesday 22:00, Federal Reserve Chair Powell testifies on the semiannual Monetary Policy Report before the House Financial Services Committee.
Thursday 20:30, U.S. Initial Jobless Claims for the week ending June 21 (in ten thousands), previous value: 245,000.
Friday 20:30, U.S. Core PCE Price Index YoY for May, expected 2.60%, previous value 2.50%.
Friday 22:00, U.S. University of Michigan Consumer Sentiment Index final reading for June, previous value 60.5.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Dow Jones rose by 0.61%, the Nasdaq gained 1.69%, and Intel surged 7.67%.
The US Dollar Index closed at 100.248 in New York.
Crypto prices
More
