This Week's Major U.S. Economic Reports & Fed Speakers
Also initial jobless claims, PPI and even a speech by Powell
https://www.marketwatch.com/economy-politics/calendar?&g=b993013c-d489-42b9-82c3-bf1f1425c924&mod=djem_mwnbulletin
And it showed great news as inflation indicator dropped substantially.
The Producer Price Index (PPI) report for April 2025 was released today. The PPI for final demand fell 0.5%, marking the largest decline since 2020 The drop was primarily driven by a 0.7% decrease in final demand services, while final demand goods remained unchanged. Over the past 12 months, producer prices have increased 2.4% . Analysts had anticipated a smaller drop, but the Core PPI (which excludes food and energy) also came in below expectations at 2.4% year-over-year. This unexpected decline suggests inflationary pressures may be easing, which could influence monetary policy decisions going forward.
The unemployment report for May 15, 2025 came in mostly in line with expectations. Weekly jobless claims remained unchanged at 229,000, which was exactly what economists had forecast.
So good news that Tariffs had no impact on inflation to date. In fact it is likely that the retailers absorbed some or all the cost from any tariffs to date.
Good news all around on the economy front.
I meant what I posted. Obviously you did not open the link.
If you are interested the results were posted at 8:30. You can open up what the CORE PPI was for April.
You posted that I did not mean PPI and then posted what it was.
What is your reasoning here? It was posted at 8:30 just like the economic calendar said.
"Not Just The CPI Tomorrow But Here Are Many Others That Will Announced." - ALLY'S TITLE
Should have said "Not Just The PPI Tomorrow But Here Are Many Others That Will Announced." - STEVE's RECOMMENDED CORRECTION.
And yes, I did go to your link, and the results posted there are incorrect. The PPI at your link is showing a positive 0.5% where as the real number is negative 0.5%.
Which of course is great news for the economy which you should be celebrating along with me. Here is the actual government report showing the correct PPI number.
https://www.bls.gov/news.release/ppi.nr0.htm
This is the title of the post and exactly what I meant. I should have had BE ANNOUNCED. I have news or business stations or documentaries on TV when I am on the computer reading and posting and with AI also on this computer that will actually change words and I should proof read.
Can you read the title of this post? The previous post was about the CPI, but I posted the PPI and many other things were being posted. The link had not just the CPI and Core PPI at 8:30 also on the link and other things and even the time of 2 speeches from the fed including one Powell was yesterday.
I remember what I post especially when it has to do with interest. I do not want higher interest for myself. If I post something with a higher interest someplace on this site or other places it is becasue I think someone could take advantage of it.
I even have to close a MM that has my emergency money in it and it is alsmost up to the limit for insurance with the 2 beneficiaries because I will make too much interest this year as I almost did last year. I still worry somewhat about deflation or stagflation and I would be very happy if IRMAA figure went down before Dec. for me but that is not good for others. I will close my MM soon. I know I would never say I wanted inflation EVER or a 6.5% CD at least for me. I cannot have higher interest on anything for a couple more years. I made nearly the limit andglad a share of it was in Roths and not taxable to get me in trouble with a higher IRMAA bracket, but I never ever would wish for inflation.
I worked in a bank for 30 years and saw what the 80's inflation did to customers and their families. And also the banking crash and what it did to families.
There were many on this blog wanting higher interest on their CD's even. If I had not alsways been so risk adverse it could have happened to us with 2 boys in college and the bad automobile accident my husband was in in Sept 1984 and not working. I am a saver and we did fine. I always planned for what if - -
Not sure what you read but same thing is going on in Florida now with homes and even some of the several million dollar homes are for sale in differerent parts of the country and more in the last few months and now more like they were during the time in the early 80's and in 2006. before the banking crash. I sarted to get these feelilngs almosts a year ago. Just hope I am wrong this time.
About the only good think that has happened in the last 2-3 months that someone got to them and they no longer want to transfer the FDIC to treasury so it would be there when they want to replace Powell. At least this is for now but when Powell is gone we don't know what the will or can do.
I am sure you read also that this tax bill has to be done by July 4th or the gov could easily be in default.
You do know that many non-profit hospitals that haven't been paid since Jan. Including all in Hawaii. These are money owed from Medicare and Medicaid and the profit margin for the non-proifits in Hawaii last last year was -.01%, There are fewer and fewer places they can take money from with IOU's.
In fact the US has the most money owed to itself that any other groups or even the other countries added together. So now the gov could be in default by July and no one will even get their interest payments if they hold any gov securities etc. Over 20% of our debt we owe to ourselves.
My Mac still does not show where I posted any numbers for any PPI announced today.
Are you OK?
I do have AI on this computer that they are trying out, and it does change words occasionally that I miss when I don't proof read, but I see nothing about where I posted any PPI numbers. Perhaps you can show me that? I don't see it on my computer. I did read a summary on Marketwatch when they came out but did not post any of what it said about the numbers or did I post them. I was also on the phone. I just tried to copy and paste from the original link posted above.
I am going to watch the SC arguments now from this morning. I could not watch them. Not posting on this site now.
I posted a link, which you can go to, has the correct PPI number released today.