Schedule for Week of October 8, 2023

The key economic report this week is September CPI.

—– Monday, October 9th —–

Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open.

1:30 PM: Speech, Fed Vice Chair Philip Jefferson, U.S. Economic Outlook and Monetary Policy Transmission, At the 65th National Association for Business Economics (NABE) Annual Meeting, Dallas, Texas

—– Tuesday, October 10th —–

6:00 AM: NFIB Small Business Optimism Index for September.

—– Wednesday, October 11th —–

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Producer Price Index for September from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.

2:00 PM: FOMC Minutes, Minutes Meeting of September 19-20, 2023

—– Thursday, October 12th —–

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 210 thousand initial claims, up from 207 thousand last week.

8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.3% increase in CPI, and a 0.3% increase in core CPI.  The consensus is for CPI to be up 3.6% year-over-year and core CPI to be up 4.1% YoY.

—– Friday, October 13th —–

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for October).