Fed decision and CPI release on the same day creates 'uncertainty'
18.3 هزار بار بازدید -
2 ماه پیش
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On Wednesday, June 12, traders
On Wednesday, June 12, traders will have to digest both the May Consumer Price Index report and the Federal Reserve's latest decision on interest rates.
Given the Fed is focused on bringing inflation down to its 2% target, Deutsche Bank Securities Senior US Economist Brett Ryan says having both announcements on the same day "does add uncertainty into expectations for this report." Ryan expects the Fed will stay on hold, but "it's really going to be about the Summary of Economic Projections and how many rate cuts they take out based on the latest data."
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Given the Fed is focused on bringing inflation down to its 2% target, Deutsche Bank Securities Senior US Economist Brett Ryan says having both announcements on the same day "does add uncertainty into expectations for this report." Ryan expects the Fed will stay on hold, but "it's really going to be about the Summary of Economic Projections and how many rate cuts they take out based on the latest data."
#youtube #news #investing
#news #youtube #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: Twitter: YahooFinance
Instagram: https://www.instagram.com/yahoofinanc...
TikTok: https://www.tiktok.com/@yahoofinance?...
Facebook: Facebook: yahoofinance
LinkedIn: LinkedIn: yahoo-finance
2 ماه پیش
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