Tuesday , June 18 2019
Home / Calculated Risk / Thursday: CPI, Unemployment Claims and 2019 COLA

Thursday: CPI, Unemployment Claims and 2019 COLA

Summary:
Thursday:• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 207 thousand the previous week.• At 8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.Note: Following the CPI release, Social Security will announce the 2019 cost-of-living adjustment (COLA) and 2019 contribution base (currently 8,400 in 2018).

Topics:
Bill McBride considers the following as important:

This could be interesting, too:

Vladimir Vyun writes Crude Oil Surges on Range of Factors, Wait for API Report

Tyler Durden writes China Warns: US About To Open “Pandora’s Box” In Middle East

Tyler Durden writes In Stunning Reversal, Investors Are Now “Most Bearish Since The Financial Crisis”

Tyler Durden writes Chinese Media Suggest “Slim Hope” For Trump-Xi Meeting, Then Delete Warning Immediately

Thursday:
• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 207 thousand the previous week.

• At 8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

Note: Following the CPI release, Social Security will announce the 2019 cost-of-living adjustment (COLA) and 2019 contribution base (currently $128,400 in 2018).
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

Leave a Reply

Your email address will not be published. Required fields are marked *