Macrocalendar Weekly

Markets returned to a data-driven focus as fresh inflation and housing reports shaped expectations for Fed policy. CPI held firm, housing rebounded, and gold surged amid cautious optimism for a soft landing.

As the government shutdown delays key reports, markets turn to Fed speeches and retail data for direction. This week’s Macro Calendar breaks down the events shaping sentiment — from Powell’s remarks to retail sales and inflation trends — revealing how a patient Fed and resilient consumer are keeping the soft-landing story alive.

Markets head into mid-October focused on policy signals, not data. The week of Oct. 6 features FOMC Minutes, Powell’s speech, jobless claims, and trade data—offering key insight into the Fed’s next moves, U.S. growth trends, and the path toward a soft landing.

Markets weigh strong U.S. growth against cooling jobs and sticky inflation as September ends, with payrolls key to Fed rate cut decisions in Q4.