This Week: Housing Data, a Fed Decision, & it’s Jobs Week

Tuesday

5:00 AM The Euro Area’s GDP is expected to show 0% growth in the fourth quarter of 2023

9:00 AM The 20-city index is expected to show home prices rising 5.8% year-over-year in November which would be the highest level since November 2022.

9:00 AM FHFA Home Price Index for November

10:00 AM Consumer confidence is expected to rise to 115 which would be the highest level since December 2021.

10:00 AM Job openings are expected to have fallen slightly to 8.75M at the end of December

Wednesday

7:00 AM Mortgage demand and rates

8:15 AM Private payrolls are expected to have risen 136k to start 2024

2:00 PM FOMC is expected to keep the fed funds rate at 5.5%

2:30 PM Chairman Powell press conference

3:00 PM WMPO meeting

Thursday

5:00 AM Inflation in the Euro Area is expected to slow to 2.8% in January with unemployment holding at 6.4%

7:00 AM Bank of England is expected to hold its rate at 5.25%

7:30 AM Initial jobless claims are expected to fall slightly to 210k

10:00 AM ISM Manufacturing PMI is expected to fall slightly to 47.3 in January

10:00 AM Construction spending is expected to have risen 0.5% in January

12:00 PM Mortgage rates

4:00 PM New Hanover County Commission Agenda Review

Friday

8:30 AM Non farm payrolls are expected to have risen 173k in January