Headlines the Economic Calendar on Thursday
1. Fed Chair Powell Speaks
Today, Fed Chair Powell will speak at the Federal Reserve System Community Development Research Conference, in Washington DC. Traders will closely watch for further clues on The Fed Outlook for 2019.
2. US PPI Inflation
Watch out for US Producer Price Index today. The US PPI is predicted to rise to 2.3% from 2.2%. While the Core PPI inflation is expected to rise to 2.5% from 2.4%. A Higher than expected reading should be taken as positive for the US Dollar.
At the same time, the weekly initial jobless claims figures come out. Claims for first-time unemployment benefits are seen dropping to 215K.
09 May 19 (Thu)
06:34 am
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