🇺🇸 A big week ahead for markets
5 key events could determine the Fed’s next rate hike
1. Tuesday, weekly ADP employment change:
Shows how many jobs are being added in the private sector. Employment growth was 18.75% in last week’s report.
2. Wednesday, Consumer Price Index (CPI) inflation:
Core inflation hit its lowest level in 5 years last month. The next reading will show whether inflation is easing or picking up again.
3. Thursday, Producer Price Index (PPI) inflation:
Last month’s reading came in higher than expected. Another increase could mean higher costs for businesses, which may eventually be passed on to consumers.
4. Thursday, initial jobless claims:
Shows how many Americans are filing for unemployment benefits for the first time, signaling whether layoffs are increasing.
5. Friday, Kevin Warsh’s speech:
Markets will pay close attention to his comments for clues about the Fed’s next interest rate decision.
5 key events could determine the Fed’s next rate hike
1. Tuesday, weekly ADP employment change:
Shows how many jobs are being added in the private sector. Employment growth was 18.75% in last week’s report.
2. Wednesday, Consumer Price Index (CPI) inflation:
Core inflation hit its lowest level in 5 years last month. The next reading will show whether inflation is easing or picking up again.
3. Thursday, Producer Price Index (PPI) inflation:
Last month’s reading came in higher than expected. Another increase could mean higher costs for businesses, which may eventually be passed on to consumers.
4. Thursday, initial jobless claims:
Shows how many Americans are filing for unemployment benefits for the first time, signaling whether layoffs are increasing.
5. Friday, Kevin Warsh’s speech:
Markets will pay close attention to his comments for clues about the Fed’s next interest rate decision.