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BusinessBloombergFed Faces Dot-Plot Cliffhanger as May Inflation Report Looms
(Bloomberg) -- Federal Reserve officials may not be ready to finalize closely watched projections for interest rates until the publication of a key report on consumer prices on the final day of their two-day policy meeting.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Musk to Ban Apple Devices If OpenAI Is Integrated Into OSFed’s Higher-for-Longer Stance Hits Firms That Expected Rate CutNYC Landlord to
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BusinessBloombergBond Traders Quick to Abandon Long Wagers Before Fed Meeting, CPI Data
(Bloomberg) -- Traders are rapidly unwinding bets for a rally in US Treasuries ahead of Wednesday’s rare double-risk event, with the release of inflation data coming just hours before a Federal Reserve interest-rate decision.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Musk to Ban Apple Devices If OpenAI Is Integrated Into OSFed’s Higher-for-Longer Stance Hits Firms That Expected Rate CutNYC Landlord t
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BusinessYahoo FinanceConsumer prices expected to remain stable as Fed weighs 'bumpy' inflation impact on rate path
On Wednesday, investors will digest one of the most important data points that will shape future Federal Reserve interest rate policy: May's Consumer Price Index.