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Wednesday: PPI, Fed Chair Powell Testimony, Beige Book

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by Calculated Risk on 7/13/2021 09:00:00 PM

Wednesday:
o At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

o At 8:30 AM, The Producer Price Index for June from the BLS. The consensus is for a 0.5% increase in PPI, and a 0.5% increase in core PPI.

o At 12:00 PM, Testimony, Fed Chair Jerome Powell, Semiannual Monetary Policy Report to the Congress, Before the U.S. House Committee on Financial Services

o At 2:00 PM, the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.

A Few Excerpts from a Local Commercial Real Estate Report: "Good news is construction activity has all but stopped"

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