by Calculated Risk on 3/20/2022 07:14:00 PM
o Schedule for Week of March 20, 2022
o At 8:30 AM ET, Chicago Fed National Activity Index for February. This is a composite index of other data.
o At 12:00 PM, Speech, Fed Chair Powell, Economic Outlook, At the National Association for Business Economics (NABE) Annual Economic Policy Conference, Washington, D.C
Oil prices were down over the last week with WTI futures at $106.00 per barrel and Brent at $109.01 per barrel. A year ago, WTI was at $61, and Brent was at $64 – so WTI oil prices are up 75% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.23 per gallon. A year ago prices were at $2.86 per gallon, so gasoline prices are up $1.37 per gallon year-over-year.