Thursday: Unemployment Claims, PPI, Fed Chair Powell

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Note: I’d expect a bump up in unemployment claims related to the government shutdown, but the consensus is expecting claims to decline.

• At 8:30 AM, The initial weekly unemployment claims report will be released. The consensus is for 222 thousand initial claims, down from 231 thousand the previous week.

• At 8:30 AM, The Producer Price Index for December from the BLS.

• At 12:45 PM, Discussion, Fed Chair Jerome Powell, At the Economic Club of Washington, D.C., Washington, D.C.

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