This week’s very busy calendar includes more housing data, with appreciation figures on Tuesday and Pending Home Sales Wednesday. Wednesday also brings two critical reports on the economy: the Federal Reserve’s preferred inflation metric, the Personal Consumption Expenditures index and the first reading on first quarter GDP. There’s also a full slate of labor market news, with updates on job openings Tuesday, private payrolls Wednesday, unemployment claims Thursday, and non-farm payrolls and the unemployment rate on Friday.
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