As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Friday, May 30, 2025. The spotlight will be on the Core PCE Price Index, a key inflation indicator closely watched by the Federal Reserve, along with personal spending figures that offer insights into consumer behavior and economic health.
Major Economic Events to Watch
• 8:30 AM ET - Core PCE Price Index (May): Forecast 0.1%, Previous 0.0%. This crucial inflation measure excludes food and energy prices.
Other Important Economic Events to Watch
• 8:30 AM ET - Personal Spending (May): Forecast 0.2%, Previous 0.7%. Measures the change in inflation-adjusted consumer spending.
• 8:30 AM ET - PCE Price Index (May): Forecast 2.2%, Previous 2.3%. Broader inflation gauge including all personal consumption expenditures.
• 8:30 AM ET - Core PCE Price Index (YoY) (May): Forecast 2.5%, Previous 2.6%. Year-over-year change in core inflation.
• 8:30 AM ET - Goods Trade Balance (May): Forecast -$142.80B, Previous -$161.99B. Difference between imported and exported goods value.
• 9:45 AM ET - Chicago PMI (May): Forecast 45.1, Previous 44.6. Indicates manufacturing sector health in the Chicago region.
• 10:00 AM ET - Michigan Consumer Sentiment (May): Forecast 50.8, Previous 52.2. Measures consumer confidence levels.
• 10:00 AM ET - Michigan Consumer Expectations (May): Forecast 46.5, Previous 47.3. Gauges future consumer expectations.
• 11:30 AM ET - Atlanta Fed GDPNow (Q2): Forecast 2.2%, Previous 2.2%. Running estimate of real GDP growth for the current quarter.
• 12:20 PM ET - FOMC Member Bostic Speaks. May provide insights into future monetary policy.
• 1:00 PM ET - Baker Hughes (NASDAQ: BKR ) U.S. Rig Count: Previous 465. Indicator of oil drilling industry activity.
• 3:30 PM ET - CFTC Speculative Positions Reports. Various reports on speculative positions in futures markets.
• 7:30 PM ET - Fed Goolsbee Speaks. May offer perspectives on economic outlook and monetary policy.
Other Economic Events to Watch
• 8:30 AM ET - Personal Income (May): Forecast 0.3%, Previous 0.5%. Measures change in total consumer income.
• 8:30 AM ET - Real Personal Consumption (May): Previous 0.7%. Inflation-adjusted personal consumption data.
• 8:30 AM ET - Wholesale Inventories (May): Forecast 0.4%, Previous 0.4%. Measures change in wholesale inventory levels.
• 9:00 AM ET - Dallas Fed PCE (May): Previous 1.80%. Alternative measure of core inflation.
• 10:00 AM ET - Michigan 5-Year Inflation Expectations (May): Forecast 4.6%, Previous 4.4%. Long-term consumer inflation expectations.
• 10:00 AM ET - Michigan Current Conditions (May): Forecast 57.6, Previous 59.8. Measures current economic conditions as perceived by consumers.
• 10:00 AM ET - Michigan 1-Year Inflation Expectations (May): Forecast 7.3%, Previous 6.5%. Short-term consumer inflation expectations.
• 3:30 PM ET - Additional CFTC Speculative Positions Reports for various commodities.
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.