as well as big data releases, including the latest gross domestic product data due Thursday and inflation data Friday.
In addition, the U.S. Federal Reserve is holding a monetary policy meeting on Tuesday and Wednesday, and market participants will be closely watching for clues on whether the central bank is nervous about the prospect of rising inflation. It has previously said it sees the pickup in prices as only temporary.
Fed Chairman Jerome Powell will host a press conference Wednesday afternoon to discuss the Federal Open Market Committee's decision. held steady at the start of the overnight session Sunday evening in anticipation of the busy week ahead.
WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
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Source: latimes - 🏆 11. / 82 Read more »