Economic Events to Monitor:
- Tuesday, May 27: The U.S. Census Bureau will release its monthly report on durable goods orders, providing insights into manufacturing activity. Additionally, the Conference Board will publish its Consumer Confidence Survey, gauging Americans' economic optimism.
- Wednesday, May 28: The Federal Open Market Committee will release minutes from its recent policy meeting, offering potential clues about future monetary policy decisions.
- Thursday, May 29: The Bureau of Economic Analysis will provide a preliminary reading of first-quarter GDP, while the Department of Labor will report initial jobless claims, indicating the health of the labor market.
- Friday, May 30: April's Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve's preferred inflation measure, will be released, alongside the University of Michigan's Consumer Sentiment Index for May.
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