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Thursday, March 28, 2024

Friday: Personal Income and Outlays, PCE Prices, Fed Chair Powell

by Calculated Risk on 3/28/2024 07:50:00 PM

All US markets will be closed in observance of Good Friday.

Mortgage Rates Note: Mortgage rates are from and are for top tier scenarios.

• At 8:30 AM ET, Personal Income and Outlays for February. The consensus is for a 0.4% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to increase 0.3%.  PCE prices are expected to be up 2.5% YoY, and core PCE prices up 2.8% YoY.

• At 11:30 AM, Discussion, Fed Chair Jerome Powell, Moderated Discussion with Kai Ryssdal, At the Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference, San Francisco, Calif