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Data on Tuesday showed US inflation kept slowing, should reinforce FOMC on hold decision

Data on Tuesday showed US inflation kept slowing, should reinforce FOMC on hold decision
The Federal Reserve's Federal Open Market Committee (FOMC) meeting concludes Wednesday, 14 June 2023:Statement due at 2pm US Eastern time and Powell's news conference follows a half hour laterEarlier previews:Goldman Sachs: FOMC likely to keep rates unchanged; dollar depreciation expected laterWeek Ahead: US CPI, FOMC, Retail Sales; ECB; PBoC, China activity dataThis snippet via RBC after the CPI data on Tuesday from a longer note on what to expect - a pause is the TL;DR:Inflation continues to... Read More
Posted: Jun 13 2023, 22:51
Author Name: forexlive
Views: 110861

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