by Calculated Risk on 6/17/2025 07:56:00 PM
Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for initial claims of 250 thousand, up from 248 thousand last week.
• Also at 8:30 AM ET, Housing Starts for May. The consensus is for 1.370 million SAAR, up from 1.361 million SAAR in April.
• During the day, The AIA’s Architecture Billings Index for April (a leading indicator for commercial real estate).
• At 2:00 PM, FOMC Statement. The FOMC is expected to leave the Fed Funds rate unchanged at this meeting.
• Also at 2:00 PM, FOMC Projections This will include the Federal Open Market Committee (FOMC) participants’ projections of the appropriate target federal funds rate along with the quarterly economic projections.
• At 2:30 PM, Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.