Key Events and Data Preview for Next Week: The Federal Reserve to Release U.S. May Core PCE Price Index Year-on-Year on Friday
Important Events and Data Preview for Next Week:
Monday: Federal Reserve Governor Bowman delivers a speech on monetary policy and the banking sector; the United States begins imposing tariffs on various steel household appliances, with the rate set at 50%.
Tuesday: Federal Reserve's Harker speaks on monetary policy; Fed Chair Powell delivers the semiannual monetary policy report testimony before the House Financial Services Committee; the Summer Davos Forum takes place through June 26; NATO heads of state and government hold a summit in The Hague from June 24 to 25, with Trump confirmed to attend.
Wednesday: Fed Chair Powell testifies before the Senate Committee on the semiannual monetary policy report.
Thursday: U.S. weekly initial jobless claims; final value of U.S. Q1 real GDP annualized quarter-on-quarter; final value of U.S. Q1 real personal consumption expenditures growth rate.
Friday: U.S. May Core PCE Price Index year-on-year; U.S. May personal spending month-on-month; U.S. May Core PCE Price Index month-on-month; final value of the University of Michigan Consumer Sentiment Index for June; final value of U.S. one-year inflation expectations for June. (Jin10)
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