BlockBeats news, June 22, next week's important events and data preview:
Monday: Federal Reserve Governor Bowman speaks on monetary policy and banking; the US begins to impose tariffs on various steel appliances, with a tax rate set at 50%.
Tuesday: Federal Reserve Governor Bowman speaks on monetary policy; Federal Reserve Chair Powell delivers semiannual monetary policy report testimony before the House Financial Services Committee; Summer Davos Forum held, until June 26; NATO heads of state and government will hold a summit in The Hague from June 24 to 25, Trump confirms attendance.
Wednesday: Federal Reserve Chair Powell testifies before the Senate Committee on the semiannual monetary policy report.
Thursday: US Initial Jobless Claims for the week; US Q1 Real GDP Annualized Growth Rate Final; US Q1 Real Personal Consumption Expenditures Quarter-on-Quarter Final.
Friday: US May Core PCE Price Index Year-on-Year; US May Personal Spending Month-on-Month; US May Core PCE Price Index Month-on-Month; US June University of Michigan Consumer Sentiment Index Final; US June One-Year Inflation Expectations Final. (Jin Ten)