Schedule for Week of July 7, 2024

by Calculated Risk on 7/06/2024 08:11:00 AM

The key report this week is June CPI.

Fed Chair Powell testifies on the Semiannual Monetary Policy Report to Congress.

—– Monday, July 8th —–

No major economic releases scheduled.
—– Tuesday, July 9th —–

6:00 AM ET: NFIB Small Business Optimism Index for June.

10:00 AM: Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to Congress, Before the U.S. Senate Committee on Banking, Housing, and Urban Affairs

—– Wednesday, July 10th —–

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

10:00 AM: Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to Congress, Before the U.S. House Financial Services Committee

2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.

—– Thursday, July 11th —–

8:30 AM: The Consumer Price Index for June from the BLS. The consensus is for a 0.1% increase in CPI, and a 0.2% increase in core CPI.  The consensus is for CPI to be up 3.1% year-over-year and core CPI to be up 3.4% YoY.

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 228 thousand initial claims, down from 233 thousand last week.

—– Friday, July 12th —–

8:30 AM: The Producer Price Index for June from the BLS. The consensus is for a 0.1% increase in PPI, and a 0.2% increase in core PPI.

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for July).

Calculated Risk Blog

Leave a Reply