9:00 AM – Federal Reserve Governor Michelle Bowman Speaks
What’s Going On? Michelle Bowman, another big boss at the Fed, is going to talk about the economy and give some clues about what might happen with interest rates and inflation. This is important because it helps people understand if borrowing money is going to get easier or harder.
Dumpster Cat says: “Bowman’s gonna drop some knowledge about where the money game is heading. It’s like she’s holding the cheat sheet for what might happen next with your allowance!”
9:00 AM – S&P Case-Shiller Home Price Index (20 Cities)
What’s Going On? This report tells us how much house prices changed in 20 big cities. Last time, house prices went up by 6.5%! We don’t know what the number will be this time, but everyone’s waiting to see if house prices are still rising or starting to cool down.
Dumpster Cat says: “House prices are like the price of your favorite toy—it either goes up, and you have to save more, or it stays steady. Let’s see if homes are getting more expensive!”
10:00 AM – Consumer Confidence
What’s Going On? This is a big survey that asks people how they feel about the economy—are they confident or worried? Last time, the score was 103.3, and this time it’s expected to be a little lower at 102.8. When people feel good, they spend more, which helps the economy grow.
Dumpster Cat says: “Think of this like asking everyone if they’re ready to throw a big party. If people say yes, the economy is going to feel the excitement. If they say no, things slow down a bit.”
Summary
- Bowman is talking about what’s next for the economy.
- The home price index shows whether house prices are going up or down.
- The consumer confidence report tells us if people are feeling good about spending money.
Dumpster Cat’s Final Thought:
“Tuesday’s a big day for checking the vibe. We’ll see if houses are getting pricier and if people are feeling ready to party with their wallets! Oh, and Bowman will be spilling the tea on what the Fed’s thinking. Should be a wild one!”
