Key facts
- U.S. CPI for May is scheduled for release on June 10.
- The European Central Bank will announce its interest rate decision on June 11.
This week's economic calendar features significant data releases and policy decisions. On June 10, investors will be closely watching the U.S. Consumer Price Index (CPI) for May, with forecasts suggesting a year-over-year increase to 4.2%. This inflation data will provide crucial insights into the Federal Reserve's potential policy path. The following day, June 11, the European Central Bank (ECB) is expected to announce its latest interest rate decision. The market anticipates a rate hike, with estimates placing the new rate at 2.25% from the previous 2.00%.