Market Outlook Hinges on Key Economic Data This Week
TL;DR Summary
The U.S. economy showed strong Q2 growth at 3%, but underlying data revealed softer activity and slightly higher core inflation, leading to cautious market movements ahead of the Federal Reserve's policy meeting. Markets are adjusting expectations for rate cuts, with inflation and jobs data influencing Fed decisions, while the S&P 500 futures edged higher and Treasury yields rose amid ongoing economic uncertainty.
- GDP, ADP Jobs Data Bounce Ahead Of Fed Decision (Live) Investor's Business Daily
- US economy grew at 3% rate in second quarter Financial Times
- Morning Bid: No more sleep this week Reuters
- A Data Deluge Brings a ‘Moment of Truth’ for Markets This Week Bloomberg.com
- Where Is the Economy Going? A ‘Monster Week’ of News Could Help Decide. The New York Times
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