As traders approach another pivotal day for financial markets, Wednesday, May 28, 2025, brings a series of crucial decisions and economic data releases that could sway market dynamics. The spotlight falls on the Federal Open Market Committee (FOMC) Meeting Minutes, which will offer detailed insights into the committee’s stance on monetary policy and potential clues about future interest rate decisions.

Major Economic Events to Watch

• 2:00 PM ET - FOMC Meeting Minutes: Detailed record of the committee’s policy-setting meeting, providing insights into monetary policy stance.

Other Important Economic Events to Watch

• 12:00 AM ET - FOMC Member Williams Speaks: Public engagement that may offer subtle clues about future monetary policy.

• 10:10 PM ET (previous day) - Fed Waller Speaks: Another opportunity for insights into the Federal Reserve’s thinking.

• 4:00 AM ET - FOMC Member Kashkari Speaks: Minneapolis Fed President’s remarks on economic outlook and policy.

• 6:00 AM ET - OPEC Meeting: Discussion on energy markets and oil production levels by 13 oil-rich nations.

• 9:00 AM ET - FOMC Member Williams Speaks: Additional commentary from the Federal Reserve official.

• 12:00 PM ET - 5-Year Note Auction: Treasury note auction with previous yield at 3.995%.

• 4:30 PM ET - API Weekly Crude Stock: Report on US crude oil , gasoline, and distillates inventory levels. Previous: 2.499M.

Other Economic Events to Watch

• 7:00 AM ET - MBA 30-Year Mortgage Rate: Fixed 30-year mortgage lending rates. Previous: 6.92%.

• 7:00 AM ET - MBA Mortgage Applications: Change in new mortgage applications. Previous: -5.1%.

• 7:00 AM ET - MBA Purchase Index: Indicator of impending home sales. Previous: 157.8.

• 7:00 AM ET - Mortgage Market Index: Covers all mortgage applications. Previous: 238.5.

• 7:00 AM ET - Mortgage Refinance Index: Gauge of mortgage refinancing activity. Previous: 682.5.

• 8:30 AM ET - FOMC Member Barkin Speaks: Richmond Fed President’s public engagement.

• 8:55 AM ET - Redbook: Year-over-year same-store sales growth index. Previous: 5.4%.

• 10:00 AM ET - Richmond Services Index: Business activity index for the Fifth Federal Reserve District. Previous: -7.

• 10:00 AM ET - Richmond Manufacturing Index: Indicator of business conditions. Forecast: -9, Previous: -13.

• 10:00 AM ET - Richmond Manufacturing Shipments: Business activity index for manufacturing. Previous: -17.

• 10:30 AM ET - Dallas Fed Services Revenues: Survey-based index of service sector activity.

• 10:30 AM ET - Texas Services Sector Outlook: Survey-based index of service sector outlook. Previous: -19.4.

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.