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Monday: Fed Chair Powell "Economic Outlook"

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by Calculated Risk on 3/20/2022 07:14:00 PM

Weekend:
o Schedule for Week of March 20, 2022

Monday:
o At 8:30 AM ET, Chicago Fed National Activity Index for February. This is a composite index of other data.

o At 12:00 PM, Speech, Fed Chair Powell, Economic Outlook, At the National Association for Business Economics (NABE) Annual Economic Policy Conference, Washington, D.C

From CNBC: Pre-Market Data and Bloomberg futures S&P 500 and DOW futures are mostly unchanged fair value).

Oil prices were down over the last week with WTI futures at $106.00 per barrel and Brent at $109.01 per barrel. A year ago, WTI was at $61, and Brent was at $64 – so WTI oil prices are up 75% year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.23 per gallon. A year ago prices were at $2.86 per gallon, so gasoline prices are up $1.37 per gallon year-over-year.

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