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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
Friday:
• At 8:30 AM ET, Personal Income and Outlays, March 2023. The consensus is for a 0.2% increase in personal income, and for a 0.1% decrease in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 4.1% YoY, and core PCE prices up 4.5% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for April. The consensus is for a reading of 43.5, down from 43.8 in March.
• At 10:00 AM, University of Michigan’s Consumer sentiment index (Final for April). The consensus is for a reading of 63.5.
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