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Thursday: GDP, Unemployment Claims

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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 200 thousand initial claims, up from 194 thousand last week.

• Also at 8:30 AM, Gross Domestic Product, 4th quarter 2022 (Second estimate). The consensus is that real GDP increased 2.9% annualized in Q4, unchanged from the advance estimate of 2.9%.

• Alsot at 8:30 AM, Chicago Fed National Activity Index for January. This is a composite index of other data.

• At 11:00 AM, the Kansas City Fed manufacturing survey for February.

FOMC Minutes: All participants continued to anticipate ongoing rate increases

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