NY Fed inflation expectations, wholesale data in focus Monday

As traders approach another pivotal day for financial markets, a series of economic data releases that could sway market dynamics are expected on Monday, December 9, 2024. While no high-impact events are scheduled, several indicators will provide insights into inflation expectations, wholesale trade, and employment trends.

Major Economic Events to Watch

There are no 3-star economic events scheduled for Monday, December 9, 2024.

Other Important Economic Events to Watch

There are no 2-star economic events scheduled for Monday, December 9, 2024.

Other Economic Events to Watch

• 9:00 AM ET: NY Fed 1-Year Consumer Inflation Expectations (Previous: 2.9%) - Provides insight into consumer expectations for future inflation

• 10:00 AM ET: Wholesale Trade Sales (Previous: 0.3%) - Measures the change in total value of sales at the wholesale level

• 10:00 AM ET: Wholesale Inventories (Previous: 0.2%) - Indicates the change in total value of goods held in inventory by wholesalers

• 10:00 AM ET: CB Employment Trends Index (Previous: 107.66) - Aggregates eight labor market indicators to provide a comprehensive view of employment trends

• 11:30 AM ET: 3-Month Bill Auction (Previous: 4.400%) - Reflects the rate on short-term Treasury Bills, indicating government borrowing costs

• 11:30 AM ET: 6-Month Bill Auction (Previous: 4.305%) - Shows the rate on medium-term Treasury Bills, offering insights into investor demand for government debt

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source: Investing.com