by Calculated Risk on 8/25/2022 09:08:00 PM
o At 8:30 AM ET, Personal Income and Outlays, July 2022. The consensus is for a 0.6% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 6.4% YoY, and core PCE prices up 4.7% YoY.
o At 10:00 AM, Speech, Fed Chair Jerome Powell, Economic Outlook, At the Jackson Hole Economic Policy Symposium
o Also at 10:00 AM, University of Michigan’s Consumer sentiment index (Final for August). The consensus is for a reading of 55.1.
On COVID (focus on hospitalizations and deaths):
? Goal met.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.