The week ahead may all come do

2022-06-12

The week ahead may all come down to what Federal Reserve Chair Jerome Powell has to say at 2:30 p.m. ET Wednesday.

Powell briefs the press following the central bank’s two-day meeting. The Fed is widely expected to raise its fed funds target rate range by a half percentage point, but hot May inflation data has made markets nervous about whether policymakers could be even more aggressive or forecast a faster pace of future rate hikes.

Possible that it will be trading in range before major changes after the speech

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Comments

PandoraHaggai
2022-06-14
PandoraHaggai
There is little doubt that the Fed will be more aggressive in raising interest rates.
BurnellStella
2022-06-14
BurnellStella
The Fed is likely to raise rates by three-quarters of a percentage point this time.
DonnaMay
2022-06-14
DonnaMay
Powell is also in a quandary.
BellaFaraday
2022-06-14
BellaFaraday
Now inflation is too serious.
MHh
2022-06-12
MHh
I think he needs to be more aggressive
ethanlam
2022-06-12
ethanlam
morning so warm leh

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