• Schedule for Week of October 9, 2022
• Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled.
• At 1:35 PM ET, Speech, Fed Vice Chair Lael Brainard, Restoring Price Stability in an Uncertain Economic Environment, At the National Association for Business Economics (NABE) Annual Meeting, Chicago, Ill.
Oil prices were up over the last week with WTI futures at $92.64 per barrel and Brent at $97.92 per barrel. A year ago, WTI was at $80, and Brent was at $82 – so WTI oil prices are up 15% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $3.91 per gallon. A year ago, prices were at $3.25 per gallon, so gasoline prices are up $0.66 per gallon year-over-year. NOTE: Gasoline prices in Los Angeles have spiked to a near record $6.40 per gallon due to refinery issues.