📊 Key Economic Events This Week

Markets are closely watching three major factors:

1. U.S.–Israel–Iran geopolitical developments

2. U.S. House vote on the GENIOUS Act (stablecoin regulation)

3. Release of PCE inflation data – the Fed’s preferred inflation gauge

🗓️ Tuesday, June 24

• Fed Chair Jerome Powell testifies before the House Financial Services Committee

• Remarks from Cleveland Fed President Beth Hammack

🗓️ Thursday, June 26

• Initial jobless claims

• Forecast: 248,000

• Prior: 245,000

• Q1 GDP (second revision)

• Another speech from Fed’s Beth Hammack

🗓️ Friday, June 27

• PCE Inflation (YoY)

• Forecast: 2.3%

• Prior: 2.1%

• Core PCE Inflation (YoY) (ex-food & energy)

• Forecast: 2.6%

• Prior: 2.5%

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