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Thursday: Fed Chair Powell, Unemployment Claims, GDP, Pending Home Sales


Note: Mortgage rates are from and are for top tier scenarios.

• At 2:30 AM ET, Discussion, Fed Chair Jerome Powell, Dialogue with Bank of Spain Governor Pablo Hernández de Cos, At the Banco de España Fourth Conference on Financial Stability, Madrid, Spain

• At 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 266 thousand initial claims, up from 264 thousand last week.

• Also at 8:30 AM, Gross Domestic Product, 1st quarter 2023 (Third estimate). The consensus is that real GDP increased 1.4% annualized in Q1, up from the second estimate of a 1.3% increase.

• At 10:00 AM, Pending Home Sales Index for May. The consensus is for a 0.3% decrease in the index.

Las Vegas May 2023: Visitor Traffic Up 1.5% YoY; Convention Traffic up 16% YoY

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