Reported about 1 year ago
Traders are preparing for heightened volatility as they face the impact of two major economic events on Wednesday: the release of the consumer price index report in the morning and the Federal Reserve's interest rate decision in the afternoon. The options market indicates expectations of a 1.25% movement in the S&P 500 Index that day, and traders are closely monitoring inflation data and Fed Chair Jerome Powell's statements for insights into potential rate cuts. Market participants are adjusting their positions in response to mixed options activity and are positioning for potential outcomes based on economic forecasts and future Fed policy decisions.
Source: YAHOO