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High points for US economic data scheduled for May 27 week
The May 27 week is shortened in the US by the Memorial Day observance on Monday. Reports normally released on Monday will be moved to Tuesday, and some Tuesday data to Wednesday. There isn’t a lot of market-moving potential in the week’s economic data calendar. The most looked at data will probably be the PCE deflator for April in the report on personal income and spending at 8:30 ET on Friday. Although the uptick in March for the year-over-year change (PCE deflator up 2.7 percent, core PCE deflator up 2.8 percent) could well be reversed in the April report, it is far too soon to project that disinflation has ... (full story)