Overview: Mon, May 20

Kroszner, Randall

Tuesday, 27 May 2008

There were many different factors that led to a certain frothiness in the housing market, and these varied from region to region. There were a lot of local factors, not just national ones.

From Q&A as reported by Market News International

Source:

http://www.reuters.com/article/topNews/idUSWAT00955620080527

Next Seven Days

Sun 05/19

15:00 Powell: gives commencement address

Mon 05/20

7:30 Bostic: appears on Bloomberg television

8:45 Bostic: gives welcoming remarks at conference

9:00 Barr: speaks at financial markets conference

9:00 Waller: gives welcoming remarks

10:30 Jefferson: on the economy and the housing market

11:30 13- and 26-wk bill auction

14:00 Mester: appears on Bloomberg television

19:00 Bostic: moderates discussion at conference

Tue 05/21

9:00 Barkin: gives welcoming remarks at conference

9:00 Waller: on the economy and monetary policy

9:05 Williams: gives welcoming remarks

9:10 Bostic: gives welcoming remarks at conference

11:00 4-, 8- and 17-wk bill announcement

11:30 6-wk bill auction

11:45 Barr: on lessons from the 2023 liquidity crisis

19:00 Bostic, Collins and Mester: participate in panel conversation

Wed 05/22

7:00 MBA mortgage prch. index

9:40 Goolsbee: gives welcoming remarks

10:00 Advance services report

10:00 Existing home sales

11:30 17-wk bill auction

13:00 20-yr bond auction

14:00 FOMC minutes

15:00 Tsy inv. class auction data

Thu 05/23

8:30 Chicago Fed NAI

8:30 Jobless claims

9:45 S&P Global US PMIs (flash)

10:00 New home sales

11:00 KC Fed index

11:00 Tsy note announcement

11:00 6-, 13- and 26-wk bill announcement

11:30 4- and 8-wk bill auction

13:00 10-yr TIPS (r) auction

15:00 Bostic: speaks to Stanford MBA students

Fri 05/24

8:30 Durable goods

9:35 Waller: speaks at Central Bank of Iceland event

10:00 U. Michigan cons. sent.

14:00 Recommended early close

Mon 05/27

Memorial Day Holiday

Click for next seven days

Tue 05/28

0:55 Mester: discusses monetary policy

9:00 Case-Shiller index

9:00 FHFA house prices

10:00 Consumer confidence

10:30 Dallas Fed mfg svy

11:00 4-, 8- and 17-wk bill announcement

11:30 2-yr note auction

11:30 26-wk bill auction

13:00 13-wk bill auction

13:00 5-yr note auction

14:00 Fed disc rate minutes

Wed 05/29

7:00 MBA mortgage prch. index

10:00 Richmond Fed mfg svy

11:30 17-wk bill auction

11:30 2-yr FRN (r) auction

13:00 7-yr note auction

13:00 6-wk bill auction

13:45 Williams: takes part in roundtable discussion

14:00 Beige book

14:00 Tsy buyback (liq support)

Thu 05/30

8:30 GDP

8:30 Advance economic indicators

8:30 Jobless claims

10:00 Pending home sales

11:00 6-, 13- and 26-wk bill announcement

11:30 4- and 8-wk bill auction

12:05 Williams: speaks to Economic Club of New York

Fri 05/31

8:30 PCE

9:45 Chicago PMI

18:15 Bostic: gives commencement address

Mon 06/03

9:45 S&P Global US mfg PMI (final)

10:00 ISM mfg PMI

10:00 Construction spending

11:30 13- and 26-wk bill auction

Auto sales

Tue 06/04

10:00 JOLTS

10:00 Factory orders

10:00 RCM/TIPP eco. optimism

11:00 4-, 8- and 17-wk bill announcement

11:30 6-wk bill auction

Wed 06/05

7:00 MBA mortgage prch. index

8:15 ADP employment report

9:45 S&P Global US services PMI (final)

10:00 ISM svcs PMI

11:30 17-wk bill auction

14:00 Tsy buyback (liq support)

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Overview: Mon, May 20

Kroszner, Randall

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