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If the latter choose to cut rates unexpectedly on July 25, then the Fed could. the wages front. wednesday will be a busy.
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The Richmond Fed just published the results of its regional manufacturing survey, and the numbers don’t look good. The headline index fell to -7 in March from -6 in February. Economists.
"Fifth District manufacturing activity was robust in September, according to results of the most recent survey from the Federal Reserve Bank of Richmond," the Federal Reserve Bank of Richmond.
The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts. It charac-terizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from District sources.
IHS Markit Flash Manufacturing PMI Kansas City fed manufacturing survey New Home Sales. Friday, May 24 Durable Goods Orders and Shipments. This Week’s Indicators: Monday, May 27 MEMORIAL DAY HOLIDAY . Tuesday, May 28 Conference Board Consumer Confidence Dallas Fed Manufacturing Survey. Wednesday, May 29 Richmond Fed Manufacturing Survey.
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At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for November. This is the last of the regional Fed manufacturing surveys for November. At 12:00 PM, Speech by Fed Chair Jerome Powell, The Federal Reserve’s Framework for Monitoring Financial Stability, At The Economic Club of New York Signature Luncheon, New York, New York
· Other survey measures remain very strong, led by the University of Michigan Consumer Sentiment Index improving to an almost 10-year high, and the Philadelphia Fed Business Outlook Survey and Richmond Fed Manufacturing Index both registering gains. The Atlanta Federal Reserve NowCast is currently showing a robust 3.9% estimate for Q3 GDP Growth.
Wednesday: At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. At 10:00 AM, Richmond Fed Survey of Manufacturing Activity for May. This is the last of regional manufacturing surveys for May.