Monday 6/23
S&P Global releases both its Manufacturing and Services Purchasing Managers' Indexes for June. Consensus estimates are for a 51 reading for the Manufacturing PMI and 52.7 for the Services PMI. Both estimates would be one point less than the respective May figures.
Tuesday 6/24
FedEx reports quarterly results on Tuesday, followed by Micron Technology on Wednesday and Nike on Thursday.
Federal Reserve Chairman Jerome Powell delivers his Semiannual Monetary Policy Report before the House Financial Services Committee on Tuesday. He will do the same before the Senate on Wednesday. Powell might be pressed by President Donald Trump's GOP allies as to why the Fed hasn't cut interest rates this year.
Friday 6/27
The Bureau of Economi c Analysis releases the personal consumption expenditures price index for May. Economists forecast a 2.3% year-over-year increase, two-tenths of a percentage point more than in April. The core PCE is expected to rise 2.6%, compared with 2.5% previously. The annual change in the core PCE, the Federal Reserve's favored inflation gauge, is at its lowest level since March 2021.
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(END) Dow Jones Newswires
June 20, 2025 21:30 ET (01:30 GMT)
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