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What to Look for This Week

The Fed’s first meeting of 2024 begins Tuesday, with their Monetary Policy Statement and press conference coming on Wednesday. More housing news is also on deck Tuesday with an update on home price appreciation for November via Case-Shiller and the Federal Housing Finance Agency.

Labor sector data is also plentiful, starting with the JOLTS (job openings) report for December on Tuesday and January’s ADP Employment Report (which measures private payrolls) on Wednesday. The latest Jobless Claims will be reported on Thursday while Friday brings January’s Jobs Report from the Bureau of Labor Statistics, which includes Non-farm Payrolls and the Unemployment Rate.

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