Next week's macro outlook: Core PCE data hits, Powell will deliver testimony in the semi-annual monetary policy report
According to network reports, a preview of important macro events in the United States next week is as follows: At 22:00 on Monday, Federal Reserve Governor Bowman delivered a speech on monetary policy and the banking industry. At 22:00 on Tuesday, Federal Reserve Chairman Powell delivered testimony on his semi-annual monetary policy report before the House Financial Services Committee. At 00:30 on Wednesday, Williams, Chairman of the FOMC Permanent Vote Committee and New York Fed, delivered a speech. At 22:00 on Wednesday, Federal Reserve Chairman Powell delivered testimony on his semi-annual monetary policy report before the House Financial Services Committee. At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending June 21 (in 10,000 people) was previously 24.5. At 20:30 on Friday, the U.S. core PCE price index for May was expected to be 2.60%, and the previous value was 2.50%. At 22:00 on Friday, the final value of the University of Michigan Consumer Confidence Index in June was 60.5.
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