Important events and data forecasts for this week:

Monday: Federal Reserve Chairman Powell delivers a graduation speech at Princeton University; US stock market closed for one day in observance of Memorial Day;

Wednesday: Federal Reserve's Williams participates in a panel discussion at the Bank of Japan's Institute for Monetary and Economic Studies; US Vice President Vance speaks at the 'Bitcoin 2025' conference;

Thursday: Initial jobless claims in the US for the week ending May 24, revised annualized quarterly rate of real GDP for the first quarter; Federal Reserve releases the minutes from the May monetary policy meeting;

Friday: US core PCE price index year-on-year for April.