The Consumer Price Index for January is scheduled for release at 8:30 a.m. ET. Consumer prices, which rose 0.5% on a monthly basis in December, are expected to increase 0.5% again in January. Annual inflation rate is seen accelerating to 7.3% from 7%.
Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining to 230,000 for the February 5 week from 238,000 in the previous week.
The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
The Treasury will auction 30-year bonds at 1:00 p.m. ET.
The U.S. Treasury budget statement for January will be released at 2:00 p.m. ET.
Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 7:00 p.m. ET.
