The Federal Reserve announced a 75 basis point rate hike on Wednesday. Fed Chair Jerome Powell left the door open for another rate increase of that magnitude, and stocks rallied as investors looked favorably on the central bank’s tougher stance against inflation.What time is the fed meeting and how can you watch it! I am livestreaming the FOMC FED MEETING!
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#CPIREPORT #FOMC #STOCKMARKETCRASH
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that’s at 2:00 PM, which is going to be dominating conversations all week. We’re also going to be keeping our eyes on retail sales. That’s also coming out Wednesday morning. Let’s bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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