As traders approach another pivotal day for financial markets, Tuesday, July 15, 2025, brings a series of crucial economic data releases and Federal Reserve speeches that could sway market dynamics. The Consumer Price Index (CPI) figures, along with insights from several Fed officials, are expected to provide valuable indicators for the U.S. economy and potential monetary policy direction.
Major Economic Events to Watch
• 8:30 AM ET - CPI (YoY) (Jun): Forecast 2.6%, Previous 2.4%. Measures changes in consumer prices, a key inflation indicator.
• 8:30 AM ET - CPI (MoM) (Jun): Forecast 0.3%, Previous 0.1%. Shows month-over-month changes in consumer prices.
• 8:30 AM ET - Core CPI (MoM) (Jun): Forecast 0.3%, Previous 0.1%. Excludes volatile food and energy prices from the CPI calculation.
Other Important Economic Events to Watch
• 6:00 AM ET - OPEC Monthly Report: Provides analysis and outlook for the global oil market.
• 8:30 AM ET - Core CPI (YoY) (Jun): Forecast 3.0%, Previous 2.8%. Year-over-year core inflation measure.
• 8:30 AM ET - NY Empire State Manufacturing Index (Jul): Forecast -7.80, Previous -16.00. Indicates business conditions in New York state.
• 9:15 AM ET - FOMC Member Bowman Speaks: May offer insights into future monetary policy.
• 12:45 PM ET - Fed Vice Chair for Supervision Barr Speaks: Could provide perspective on banking regulation and monetary policy.
• 4:30 PM ET - API Weekly Crude Stock: Previous 7.100M. Offers insight into U.S. oil demand and inventories.
Other Economic Events to Watch
• 8:30 AM ET - Real Earnings (Jun): Previous 0.3%. Measures changes in inflation-adjusted earnings.
• 8:30 AM ET - Core CPI Index (Jun): Previous 326.85. Provides the core consumer price index figure.
• 8:30 AM ET - CPI Index, n.s.a. (Jun): Previous 321.46. Non-seasonally adjusted consumer price index.
• 8:30 AM ET - CPI, n.s.a (Jun): Previous 0.21%. Non-seasonally adjusted CPI percentage change.
• 8:30 AM ET - CPI Index, s.a (Jun): Previous 320.58. Seasonally adjusted consumer price index.
• 8:55 AM ET - Redbook (YoY) (Jul 11): Previous 5.9%. Measures same-store sales growth in large U.S. general merchandise retailers.
• 11:00 AM ET - Cleveland CPI (MoM) (Jun): Previous 0.2%. Measures CPI changes in the Cleveland metropolitan area.
• 1:00 PM ET - FOMC Member Barkin Speaks: May offer insights into economic conditions and monetary policy.
• 2:45 PM ET - Fed Collins Speaks: Could provide perspective on economic outlook and policy stance.
• 7:45 PM ET - Fed Logan Speaks: May discuss regional economic conditions and policy views.
For further information and the latest updates, please refer to our Economic Calendar, here .
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