Friday: Personal Income & Outlays, Fed Chair Powell Speaks

Friday:
• At 8:30 AM ET, Personal Income and Outlays, July 2021. The consensus is for a 0.2% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.3%.

• At 10:00 AM, Speech, Fed Chair Jerome Powell, The Economic Outlook, At the Jackson Hole Economic Policy Symposium

• Also at 10:00 AM, University of Michigan’s Consumer sentiment index (Final for August). The consensus is for a reading of 70.9.