Reported 1 day ago
U.S. stock markets are approaching record highs, buoyed by Apple's substantial investment, while investor attention shifts to inflation data with the upcoming Consumer Price Index (CPI) report predicted to indicate a rise in inflation to 2.8%. As expectations for Federal Reserve interest rate cuts grow, the nomination of Stephen Miran to the Fed Board adds to market speculation about potential rate reductions. This week also features a slew of corporate earnings reports, alongside retail sales and consumer sentiment updates that could significantly influence economic forecasts.
Source: YAHOO