US Economic Calendar For The Week Of July 29, 2019

International Business Times poll on major U.S. economic indicators scheduled for release during the week of July 29, 2019.

The Federal Reserve is widely expected to cut its benchmark interest rates –- currently at 2.25 - 2.5 percent -- by a quarter basis points when it concludes its two-day monetary policy meeting on Wednesday. In a note, Bank of America said the U.S. central bank is expected to signal more cuts with the goal of sustaining the recovery. It said, “The Fed has embraced the idea of insurance cuts.”

The non-farm payrolls data is expected to show an addition of 159,000 new positions in July, down from 224,000 in the previous month. Economists expect the unemployment rate should edge down to 3.6%.

Other notable indicators include consumer confidence, weekly jobless claims, and ADP’s employment report.