Next week holds a packed schedule of economic events and data releases, according to BlockBeats. Key developments include speeches from Federal Reserve officials, the release of crucial CPI information, and discussions between top U.S. and Chinese policymakers. Here’s a breakdown:
* **Monday:** Fed Governor Kugler and others will deliver remarks. Simultaneously, Vice Premier He Lifeng, who leads China’s economic and trade talks with the US, will meet with U.S. Treasury Secretary Besent during his visit to Switzerland from May 9th to 12th.
* **Tuesday:** The U.S. Consumer Price Index (CPI) for April is expected to be released, offering insights into inflation trends.
* **Thursday:** We’ll see the release of initial jobless claims and Producer Price Index (PPI) data for April. Additionally, Federal Reserve Member Daly will participate in a fireside chat, alongside Fed Chair Powell who will deliver opening remarks at an event hosted by the Federal Reserve, followed by the second Thomas Laubach Research Conference.
* **Friday:** The preliminary value for U.S. one-year inflation rate expectation for May will be released.
* **Saturday:** Fed officials Barkin and Daly will deliver speeches to give further insight into economic conditions.
#PPI #U.S.Economy