The Week Ahead: U.S. Fed release interest rate decision

The Federal Reserve building in Washington, D.C., U.S., on Tuesday, Dec. 1, 2020. Senate Majority Leader Mitch McConnell set up a vote to advance the nomination of Christopher Waller to the Federal Reserve Board but took no action to open Judy Shelton's path to the Fed, dimming chances for the controversial nominee. Photographer: Stefani Reynolds/Bloomberg , Bloomberg

Noah Zivitz, Managing Editor, BNN Bloomberg

Jun 11, 2021

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Monday, June 14

  • Notable data:  Canadian manufacturing sales
  • Notable earnings: Hexo
  • Innovation, Science and Economic Development Canada officials hold technical briefing on 3500MHz wireless spectrum auction (1100)
  • Finning International holds virtual investor day (1100)
  • BMO CEO Darryl White addresses Morgan Stanley conference (1530)
  • NATO summit in Brussels

Tuesday, June 15

  • Notable data: Canadian housing starts, existing home sales, and industrial product price index flash estimate (May); U.S. retail sales, producer price index, and capacity utilization
  • Notable earnings: Oracle
  • Federal auction of 3500 MHz wireless spectrum scheduled to begin
  • Earliest date for British Columbia to enter Step 2 of restart

Wednesday, June 16

  • Notable data: Canadian consumer price index, and wholesale trade; U.S. building permits and housing starts; China retail sales, industrial production, fixed-asset investments
  • Alberta Finance Minister Doug Schweitzer addresses Calgary Chamber of Commerce (1200)
  • U.S. Federal Reserve releases interest rate decision and updated forecasts (1400, plus 1430 news conference)
  • Bank of Canada Governor Tiff Macklem addresses Senate Committee on Banking, Trade and Commerce (1830)
  • U.S. President Joe Biden meets with Russia President Vladimir Putin in Geneva

Thursday, June 17

  • Notable data: Canadian international securities transactions; U.S. initial jobless claims
  • U.S. Treasury Secretary Janet Yellen addresses U.S. House Ways and Means Committee (1000)
  • U.S. Securities and Exchange Commission expected to deliver decision on Bitcoin exchange-traded funds

Friday, June 18 – No notable scheduled events