Key Market Events to Watch: Fed Meeting and Housing Data

Reported about 15 hours ago

On Wednesday, June 18, investors will focus on the Federal Reserve's interest rate decision, anticipated to hold steady, along with comments from Fed Chair Jerome Powell. Fresh data on housing starts and building permits will be released, with expectations for a decline in housing starts and an increase in permits. Additionally, the initial jobless claims report is expected to indicate a resilient labor market with claims falling to 245,000. Earnings reports from Smith & Wesson and Aurora Cannabis will also be monitored.

Source: YAHOO

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