Two Important Datapoints Are Coming Up

Two important datapoints are coming up in a little bit.

From Calculated Risk

• At 8:30 AM, Housing Starts for May. The consensus is for total housing starts to increase to 950 thousand (SAAR) in May. 

• Also at 8:30 AM, the Consumer Price Index for May will be released. The consensus is for a 0.2% decrease in CPI in May and for core CPI to increase 0.2%.

CPI will be particularly interesting to watch, given the upcoming Fed meeting, and the overall disinflation trend.

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