Important Events and Data Preview for Next Week: The Federal Reserve to Announce April Core PCE Price Index Year-on-Year on Friday

Important Events and Data Preview for Next Week:

· Monday: Federal Reserve Chairman Powell delivers a commencement address at Princeton University; U.S. stock markets closed for Memorial Day;

· Wednesday: Federal Reserve's Williams participates in a panel discussion at the Bank of Japan's Institute for Monetary and Economic Studies conference; U.S. Vice President Vance speaks at the "Bitcoin 2025" conference;

· Thursday: U.S. initial jobless claims for the week ending May 24, revised Q1 real GDP annualized quarterly rate; Federal Reserve releases minutes of the May monetary policy meeting;

· Friday: U.S. April core PCE price index annual rate.