Fed decision, GDP data, and ADP jobs report in focus Wednesday

Published 29/07/2025, 19:02
© Reuters.

As traders approach another pivotal day for financial markets, Wednesday, July 30, 2025, brings a series of crucial decisions and economic data releases that could sway market dynamics. The Federal Reserve’s interest rate decision, GDP figures, ADP employment data, pending home sales, and crude oil inventories are among the key events that will capture the attention of investors and economists alike.

Major Economic Events to Watch

• 8:15 AM ET - ADP Nonfarm Employment Change: Forecast 77K, Previous -33K. A key predictor of the government’s non-farm payroll report.

• 8:30 AM ET - GDP: Forecast 2.4%, Previous -0.5%. The broadest measure of economic activity and primary indicator of the economy’s health.

• 10:00 AM ET - Pending Home Sales: Forecast 0.3%, Previous 1.8%. Measures the change in homes under contract to be sold.

• 10:30 AM ET - EIA Crude Oil Inventories: Forecast -2.500M, Previous -3.169M. Influences petroleum prices and can impact inflation.

• 2:00 PM ET - Interest Rate Decision: Forecast 4.50%, Previous 4.50%. The Federal Reserve’s key decision on short-term interest rates.

• 2:00 PM ET - FOMC Statement: The Fed’s primary tool to communicate monetary policy to investors.

• 2:30 PM ET - FOMC Press Conference: Federal Reserve Chair’s remarks on monetary policy decisions.

Other Important Economic Events to Watch

• 8:30 AM ET - Core PCE Prices: Forecast 2.40%, Previous 3.50%. A key measure of inflation excluding food and energy.

• 8:30 AM ET - GDP Price Index: Forecast 2.2%, Previous 3.8%. Broad inflationary indicator within GDP.

• 10:30 AM ET - EIA Weekly Cushing Oil Inventories: Previous 0.455M. Important for U.S. crude oil benchmark pricing.

Other Economic Events to Watch

• 7:00 AM ET - MBA 30-Year Mortgage Rate: Previous 6.84%. Fixed 30-year mortgage lending rates.

• 7:00 AM ET - MBA Mortgage Applications: Previous 0.8%. Change in new mortgage application volume.

• 7:00 AM ET - MBA Purchase Index: Previous 165.1. Indicator of impending home sales.

• 7:00 AM ET - Mortgage Market Index: Previous 255.5. Covers all mortgage applications during the week.

• 7:00 AM ET - Mortgage Refinance Index: Previous 747.5. Gauge of mortgage refinancing activity.

• 8:30 AM ET - GDP Sales: Previous -3.1%.

• 8:30 AM ET - Real Consumer Spending: Previous 0.5%. Inflation-adjusted consumer spending.

• 8:30 AM ET - PCE Prices: Previous 3.7%. Measures price changes in consumer goods and services.

• 10:00 AM ET - Pending Home Sales Index: Previous 72.6. Index of homes under contract to be sold.

• 10:30 AM ET - Gasoline Inventories: Forecast -1.100M, Previous -1.738M. Influences gasoline prices.

• 10:30 AM ET - EIA Weekly Refinery Utilization Rates: Previous 1.6%.

• 10:30 AM ET - EIA Weekly Crude Imports: Previous -0.740M.

• 10:30 AM ET - EIA Weekly Distillates Stocks: Forecast -0.900M, Previous 2.931M.

• 10:30 AM ET - EIA Refinery Crude Runs: Previous 0.087M.

• 10:30 AM ET - EIA Weekly Heatoil Stock: Previous 0.003M.

• 10:30 AM ET - EIA Weekly Gasoline Production: Previous 0.282M.

• 10:30 AM ET - EIA Weekly Distillate Fuel Production: Previous 0.095M.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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