Weekly Outlook: Fed Officials and GDP

This week, we’ll see several Federal Reserve officials speak in the wake of last week’s rate hike announcement. We will also see a new estimate for fourth quarter U.S. GDP, and in what has become a weekly news event, new reports for natural gas storage and oil rig counts will be released Thursday.

Economic Calendar

Monday

New York Federal Reserve Bank President William Dudley Speech 12:30 PM ET; Cleveland Federal Reserve Bank President Loretta Mester Speech 4:30 PM ET

Tuesday

Atlanta Federal Reserve Bank President Raphael Bostic Speech 11:00 AM ET

Wednesday

GDP 8:30 AM ET; Atlanta Federal Reserve Bank President Raphael Bostic Speech 11:30 AM ET

Thursday

EIA Natural Gas Report  10:30 AM ET;  Baker-Hughes Rig Count 1:00 PM ET; Philadelphia Federal Reserve Bank President Patrick Harker Speech 1:00 PM ET

Five Stories To Read:

Could technology make the oil rig count less relevant? (NPR Planet Money)

Pork and soybeans may suffer most in a China trade dispute (CNBC)

FANG stocks could be breaking up (Reuters)

The new SOFR financing reference rate is ready for its debut (Bloomberg)

The UK lags behind European productivity growth (Financial Times)

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