Happening This Week

Monday

The IHS Markit US Composite PMI is out at 9:45 AM

Tuesday

A big day for housing data with the Case-Shiller and the FHFA Home Price Index for November being released at 9:00 AM. Consumer Confidence for January is out at 10:00 AM

Wednesday

Mortgage rates and demand for the week are out at 7:00 AM, new home sales data for December is out at 10:00 AM, and the Fed announces interest rate decision at 2 and then has a press conference at 2:30 PM.

Thursday

First look at the 4th quarter GDP growth rate out at 8:30 AM along with the initial jobless claims for the week. At 10:00 AM pending home sales data for December will be released along with the weekly mortgage rate survey from Freddie Mac.

Friday

The Fed’s preferred measure of inflation, the PCE Price Index for December, is out at 8:30 AM and Michigan Inflation Expectations is out at 10:00 AM.