Upcoming economic events and data releases for next week

Several significant events and data releases are scheduled for next week:

On Monday, the Chair of the U.S. Federal Reserve, Jerome Powell, will deliver a graduation speech at Princeton University. Additionally, U.S. stock markets will be closed for Memorial Day.

On Wednesday, Williams from the Federal Reserve will participate in a panel discussion at the Bank of Japan's Monetary and Economic Studies Institute conference. The Vice President of the U.S., Vance, is scheduled to speak at the 'Bitcoin 2025' conference.

On Thursday, the weekly report on initial unemployment claims for the week ending May 24 will be released, along with the revised annualized GDP growth rate for the first quarter. The Federal Reserve will also release the minutes from its May monetary policy meeting.

On Friday, the annual rate of the U.S. core Personal Consumption Expenditures (PCE) price index for April will be released.