Fed Chair Jerome Powell will later provide insights on the just-published CPI inflation, which missed estimates. The employment situation is mixed, and investors seek clarity. Join us for live coverage of the Fed dot plot and Powell's press conference. FXStreet Premium allows subscribers to participate in the coverage and ask analysts questions live.
On the other hand, the May Consumer Price Index report– published on the same day– showed softer inflation. Markets price two cuts coming this year, with the first in September. The Fed dot plot is released at 14:00 Eastern / 18:00 GMT / 19:00 London time, alongside the statement. It takes higher significance after the data, and as the bank is set to leave internet rates unchanged once again, in its . Chair Jerome Powell will address the press 30 minutes after the release.
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Source: FXStreetNews - 🏆 14. / 72 Read more »
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