U.S. industrial output rose 0.2% in May after revised 1.4% gain in prior month

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MONDAY, JUNE 20 Juneteenth holiday. No indicators scheduled 12:45 pm St. Louis Fed President James Bullard speaks TUESDAY, JUNE 21 8:30 am Chicago Fed national activity index May — 0.47 10 am Existing home sales (SAAR) May 5.41 million 5.61 million 12 noon Cleveland Fed President Loretta Mester speaks 3:30 pm Richmond Fed President Tom Barkin speaks WEDNESDAY, JUNE 22 9:30 am Fed Chair Jerome Powell testifies on monetary policy at Senate Banking Committee 12:50 pm Chicago Fed President James Bullard speaks THURSDAY, JUNE 23 8:30 am Initial jobless claims June 18 225,000 229,000 8:30 am Continuing jobless claims June 11 — 1.31 million 8:30 am Current account deficit Q1 -$274 billion -$218 billion 9:45 am S&P Global U.S. manufacturing PMI (flash) June 56.1 57.0 9:45 am S&P Global U.S. services PMI (flash) June 53.5 53.4 10 am Fed Chair Jerome Powell testifies on monetary policy at House Financial Services Committee FRIDAY, JUNE 24 7:30 am St. Louis Fed President James Bullard speaks 10 am UMich consumer sentiment index (final) June 50.2 50.2 10 am 5-year inflation expectations (final) June — 3.3% 10 am New home sales (SAAR) May 600,000 591,000 4 pm San Francisco Fed President Mary Daly speaks

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