Reported 11 months ago
Traders are facing the challenge of interpreting both the May Consumer Price Index report and the Federal Reserve's interest rates decision on Wednesday, June 12. The proximity of the announcements is seen to introduce uncertainty, particularly regarding the Fed's stance on inflation and potential rate cuts. Deutsche Bank Securities Senior US Economist Brett Ryan anticipates the Fed to maintain its position, but emphasizes the importance of the Summary of Economic Projections and its adjustment based on recent data. This dual announcement may impact market expectations and provoke interest in the Fed's Wednesday statement.
Source: YAHOO