The coming week appears to be macro-led, with U.S. economic data carrying the main calendar risk. Inflation, growth, jobless claims and housing numbers all land before the open, giving markets insight on whether the Fed has room to cut rates.
Prediction markets and the CME’s FedWatch tool currently point to rates remaining unchanged in June’s meeting.
The data comes amid the ongoing Middle East war, which keeps oil prices and inflation risk in focus. Any move higher in energy costs could make softer inflation harder to sustain and weigh on risk assets.
What to Watch
(All times ET)
- Crypto
- May 26–June 1: Kevin Warsh officially begins his first week as Federal Reserve Chair following his confirmation.
- Macro
- May 26, 08:00 a.m.: U.S….
