Housing data and Fed members' comments expected out Tuesday
Economic data set to be released on Tuesday includes new home sales, consumer confidence index, durable goods orders, and the S&P Case Shiller U.S. home price index, along with several Fed members set to speak on the state of the economy.
Video transcript
RACHELLE AKUFFO: All right, well, looking ahead to tomorrow, a big day for economic data. We're going to get new reads on housing with the S&P Case-Shiller US Home Price Index and new home sales numbers. Now durable goods orders will also shed light on the impact of high inflation on demand. We'll see how consumers feel about the economy with the consumer confidence index.
And then of course, we'll also hear from a number of Fed members. Chicago Fed President Charles Evans will speak on the future of the US economy at an event in London. Of course, you have Fed Chair Jerome Powell, who will be speaking on digital finance. You'll have San Francisco Fed President Mary Daly and St. Louis Fed President James Bullard, they'll also be speaking tomorrow. So of course, lots there for investors to keep an eye on, and of course, for markets to digest as well. All right, well, coming up, inflation is hitting your breakfast. We'll show you how it's costing more to make your pancakes on this National Pancake Day next.