Jun 26, 06:38 AM

BoE, ECB, and Fed Officials Speak as Final Q1 2025 GDP Forecasts 0.2% Contraction Amid Stagflation Concerns

On Thursday, a series of key central bank officials from the Bank of England, European Central Bank, and Federal Reserve are scheduled to speak throughout the day. Bank of England Governor Andrew Bailey and Deputy Governor Jon Cunliffe are among the speakers, alongside ECB officials including Luis de Guindos, Isabel Schnabel, and Christine Lagarde. Federal Reserve representatives such as Thomas Barkin, Mary Daly, Lisa Cook, and Neel Kashkari will also address the public. Economic data releases are expected to provide further insight into the U.S. economy, with the final Q1 2025 GDP print scheduled for 8:30 a.m. ET, where consensus forecasts a contraction of 0.2%. Other important data include personal consumption, GDP price index, core PCE price index, durable goods orders excluding transportation, initial and continuing jobless claims, and pending home sales. Additional indicators such as retail and wholesale inventories, Chicago Fed National Activity Index, Kansas City Fed manufacturing index, and natural gas inventory levels are also noted. The combination of flat growth and persistent inflation has raised concerns about emerging stagflation risks.

#Bank of England #European Central Bank #Federal Reserve #Andrew Bailey #Jon Cunliffe #ECB #Luis de Guindos #Isabel Schnabel #Christine Lagarde #Thomas Barkin #Mary Daly #Lisa Cook #Neel Kashkari #Kansas City Fed

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BoE, ECB, and Fed Officials Speak as Final Q1 2025 GDP Forecasts 0.2% Contraction Amid Stagflation Concerns

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