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Economic Calendar: Top Things To Watch

- H&R Block (NYSE:HRB) (Tuesday), Kroger (NYSE:KR) (Wednesday) and Adobe Systems (NASDAQ:ADBE) (Friday) report quarterly earnings. Look for the latest on inflation in May with reports on consumer prices (Tuesday) and producer prices (Wednesday).The Federal Reserve's monetary policy committee meets on Wednesday, and is expected to raise interest rates by a quarter of one percent. The ECB may indicate its plans for ending QE at its meeting Thursday. The government reports May retail sales and April business inventories on Thursday. The Bank of Japan meets to set monetary policy on Thursday and Friday. No change is expected. On Friday, reports on industrial production and capacity utilization are due out along with the Michigan consumer sentiment survey.

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