Schedule for Week of May 7, 2023

The key report this week is April CPI.

Note: The Fed will release the Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) on Monday. This will provide some information on recent credit tightening.

----- Monday, May 8th -----
2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices for April.

----- Tuesday, May 9th -----
6:00 AM ET: NFIB Small Business Optimism Index for April.

----- Wednesday, May 10th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Consumer Price Index for April from the BLS. The consensus is for 0.4% increase in CPI (up 5.0% YoY), and a 0.3% increase in core CPI (up 5.5% YoY).

----- Thursday, May 11th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 250 thousand initial claims, up from 242 thousand last week.

8:30 AM: The Producer Price Index for April from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.3% increase in core PPI.

----- Friday, May 12th -----
10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for May).