A slow start to the week leads to some big consumer data as we close out the week. The consumer prices index is out Wednesday and is expected to increase to 8.8% in June with core inflation expected to fall under 6.0% while producer prices are expected to show a slight decline on Thursday. On Friday, retail sales are expected to increase by 0.8% while consumer sentiment is expected to drop again…
Monday
9:00 AM Monthly rate lock data
Tuesday
11:00 AM Consumer inflation expectations
Wednesday
7:00 AM Mortgage demand & rates
8:30 AM Consumer Price Index for June is expected to increase to 8.8% with core inflation expected to fall to 5.8%.
2:00 PM Monthly budget for the US government
Thursday
8:30 AM Producer Price Index for June is expected to fall to 10.7%
8:30 AM Jobless claims are expected to remain unchanged at 235,000.
10:00 AM Weekly Mortgage rates
Friday
8:30 AM Retail sales for June are expected to increase by 0.8%.
10:00 AM University of Michigan’s Consumer sentiment is expected to fall slightly to 49.8.
