Inflation Data Crucial as Fed Rate Cut Decision Nears
TL;DR Summary
This week, investors will focus on key inflation data, including the Consumer Price Index and Producer Price Index, ahead of the Federal Reserve's December meeting. The Fed is in a blackout period, preventing officials from commenting on monetary policy. Earnings reports from companies like GameStop, Oracle, Broadcom, and Adobe are also anticipated. The inflation data will be crucial for the Fed's decision on interest rates, with many expecting a potential rate cut.
Topics:business#consumer-price-index#earnings-reports#federal-reserve#finance#inflation#monetary-policy
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