Schedule for Week of November 6, 2022

The key economic report this week is October CPI.

—– Monday, November 7th —–
2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices for October.

—– Tuesday, November 8th —–
6:00 AM: NFIB Small Business Optimism Index for October.

—– Wednesday, November 9th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

—– Thursday, November 10th —–
8:30 AM: The Consumer Price Index for October from the BLS. The consensus is for a 0.7% increase in CPI, and a 0.5% increase in core CPI.  The consensus is for CPI to be up 8.0% year-over-year and core CPI to be up 6.6% YoY.

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 220 thousand initial claims, up from 217 thousand last week.

—– Friday, November 11th —–
Veterans Day Holiday: Most banks will be closed in observance of Veterans Day. The stock market will be open.

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for November).