🇺🇸 Key Economic Events This Week
Markets are watching closely as the Federal Reserve heads into a crucial week. Rising U.S.–Iran tensions have pushed oil prices above $103 per barrel, raising fresh inflation concerns while the labor market shows signs of cooling.
With about a 23% chance of a June rate cut, investors will focus on Powell’s press conference and the Fed’s dot plot for signals on the policy outlook.
Important data releases: • Tue: Pending Home Sales – insight into housing momentum
• Wed: PPI Inflation – early signal of energy-driven price pressure
• Thu: Philly Fed Manufacturing – snapshot of industrial activity
• Thu: New Home Sales – gauge of housing demand
Geopolitics and economic data together could set the tone for markets this week. 👀