[Events] How will SPY close on Wednesday 13 December?
Click to vote. Can you predict how will $SPDR S&P 500 ETF Trust(SPY)$ close on Wednesday 13 December following FOMC? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
This week is anticipated to be quite volatile for investors, who are preparing for two major economic events that are still to happen in 2023.
The focus of the economic agenda is on Tuesday’s release of the U.S. consumer price inflation report for November. Predictions suggest that this report will indicate a continued deceleration in the annual CPI.
In addition, Wednesday marks the Federal Reserve’s final meeting of the year, where it will declare its rate decision. The consensus among investors is that the central bank will likely maintain the status quo, as there is a general belief that the Fed has concluded its monetary tightening measures.
Attention is shifting towards when the Fed might start cutting rates, with some expecting a cut as early as May 2024, although the Fed may be cautious in signaling such moves due to ongoing inflation concerns. The focus at the December meeting will be on any hints of future rate cuts, as inflation is still expected to remain above the 2% target until at least 2025.
What’s your opinions about FOMC. Will CPI and FOMC decision further lift the stock market?
💰Event Details
Click to vote. Can you predict How will $SPDR S&P 500 ETF Trust(SPY)$ close on Wednesday 13 December? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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⏰Event Duration
11 December 2023-13 December 2023
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How will SPY close on Wednesday 13 December?(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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