This Week: Government Money

Tuesday

8:30 AM The trade deficit is supposed to rise slightly to $68.5 billion to close out 2022.

9:00 AM CoreLogic’s home price insight for December is supposed to show a continued slowing of home price growth after falling into single digits last month for the first in 22 months.

3:00 PM Total consumer credit is expected to fall to $24.1 billion in October, down from $27.96 billion gain in September.

Wednesday

7:00 AM Mortgage demand fell for the first time in 2023 last week but falling mortgage rates could push demand for applications back up.

Thursday

8:30 AM Initial jobless claims are supposed to rise to 194k

12:00 PM Mortgage rates from Freddie Mac

8:30 PM Inflation rate in China is expected to rise to 2.0%

Friday

2:00 AM UK GDP is expected to show 0% growth in the Q4

10:00 AM Michigan 1-Year Inflation Expectations in the United States is expected to fall slightly to 3.8% from 3.9% in January of 2023.

2:00 PM The US government budget deficit is expected to rise to $97 billion to start 2023 from $85B in December.