Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Today marks a significant day for the financial markets as the Consumer Price Index (CPI) and the Federal Open Market Committee (FOMC) rate decision coincide. The CPI data is expected to show a 3.4% increase, with implications for future rate cuts based on Fed Chair Jerome Powell's statements.
Wednesday June 12 - HUGE DAY!! 8:30am US CPI - BULLISH☝️ 2pm Federal Fund Rate 2:15pm FOMC Statement 2:30pm Federal Reserve Balance Report and Statement #FOMC #FedFunds #CPI
EVENTS TODAY: 7:00am MBA Mortgage Applications 8:30am CPI 10:30am EIA Petroleum Report 2:00pm FOMC Announcement 2:00pm Treasury Statement 2:30pm Fed Chair Press Conference
Tune in later... It’s a CPI-Federal Reserve doubleheader! 📊 Join @JonathanJLevin, @AllisonSchrager and @StrategasRP’s Tom Tzitzouris as they recap the inflation data and take in the Fed decision: LIVE at 1.45pm ET https://t.co/e5Chut5c4Z