Reported 7 months ago
Wall Street is anticipating a rare occurrence with the overlap of the May consumer-price index release and the Federal Reserve policy announcement on Wednesday, noting that despite the historical volatility tied to these events, they rarely coincide. Since 2008, there have been 13 instances where the CPI report and Fed meeting align, with the three major stock indexes typically seeing gains on these days. Experts predict the potential for market volatility due to the events but expect no significant impact in the stock market, with U.S. stock-index futures already showing an uptrend on Wednesday.
Source: YAHOO