Key economic events and data releases are expected to take center stage next week, providing insights into market trends and potential future actions from major institutions.
**Tuesday:** On Tuesday, May 2024’s retail sales rate for the US will be announced at 20:30 UTC+8. The previous value stood at 0.10%.
**Wednesday:** Initial jobless claims data for the week ending June 14th is anticipated to be released at 20:30 UTC+8, with the prior figure clocking in at 248,000.
**Thursday:** The Federal Reserve’s interest rate decision and its accompanying summary of economic projections are scheduled for release at 02:00 UTC+8. The previous upper limit for interest rates was 4.50%. This will be followed by the FOMC statement at 02:00 UTC+8.
**After:** Following the FOMC rate decision, Federal Reserve Chair Jerome Powell is slated to hold a press conference at 02:30 UTC+8 on monetary policy.