Economic calendar: US CPI and Fed speakers

European stocks seen opening lower
US CPI seen slowing significantly in April
A lot of Fed members scheduled to speak today

European index futures point to a slightly lower opening of today's cash session. Risk-on moods were harmed by concerns over the second wave of infections. Chinese ban on Australian beef imports also may play a role as it is rumoured that it came as a retaliation for blaming China for the coronavirus outbreak. There are not too many releases scheduled for today. US CPI is the most important one but it should not have too much of an impact on the markets. Range of Fed speakers could have a bigger impact on USD.

1:30 pm BST - US, CPI inflation for April.

Headline. Expected: 0.4% YoY. Previous: 1.5% YoY
Core. Expected: 1.7% YoY. Previous: 2.1% YoY

9:40 pm BST - API report on oil inventories. Expected: +5.2 mb. Previous: +8.44 mb

Central bankers' speeches

2:00 pm BST - Fed's Bullard
2:00 pm BST - Fed's Kashkari
3:00 pm BST - Fed's Harker
3:00 pm BST - Fed's Quarles
3:30 pm BST - ECB's Stournaras
10:00 pm BST - Fed's Mester

Noteworthy earnings releases

Duke Energy (DUK.US) - before market open

22 May 2026, 5:15 PM

🔴A New Era at the Fed: Kevin Warsh Takes the Helm. US30 above 50k

22 May 2026, 4:12 PM

Is Waller echoing Warsh's stance? Keeping rates steady but pressing ahead with balance sheet reduction?

22 May 2026, 3:49 PM

📆Three Markets to Watch Next Week (22.05.2026)

22 May 2026, 9:40 AM

Economic calendar (22.05.2026) US UoM final data in focus, German Ifo beats expectations

Economic reports

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