News Formal

Stock market headed for critical week amid Fed meeting, CPI

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

United Kingdom News News

The stock market is headed for a critical week as investors brace for new inflation data and a key Fed meeting

Next week is one of the most critical weeks for the stock market this year as investors brace for a Federal Reserve interest rate decision that could bring a pause in rate hikes and new CPI inflation data. the market could get jolted by volatility depending on how the new inflation data shakes out and how the Fed reacts to that data at its policy meeting on June 13-14.

"Even if the Fed raises rates a few more times in 2023, to us, the key is whether this is in response to rising inflationary pressures. And our view is that these pressures are diminishing," Lee said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Guggenheim CIO touts a 'bond-pickers' market, thinks Fed rate cuts this year a longshot"Investors have become trained to expect the Fed to throw in the towel," says Anne Walsh, CIO for Guggenheim Partners, "I think the Fed 'put'...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock futures dip after S&P 500 moves into bull marketU.S. stock futures eased back from near 10-month highs ahead of next week's inflation data and Fed decision .
Source: MarketWatch - 🏆 3. / 97 Read more »