Federal Reserve Dallas branch President Robert Kaplan will be speaking on 14 May 2021
- 1700 GMT
- as part of a moderated discussion in a University of Texas virtual event
Kaplan has been urging the FOMC to begin discussing winding back stimulus a little:
Also on the ticket for Friday US time is retail sales data for April
- due at 1230 GMT
- headline expected +1%, prior was +9.7%
- as you can see, expectations for April are much lower following the massive surge in March (stimulus cheques contributed in March)
- higher auto sales are expected again
- gas prices were more or less flat despite an increase in mobility as the US recovers from the pandemic
