Big Week in DC

Markets will be focused on DC this week as the Bureau of Labor issues the Consumer Price Index (CPI) Wednesday at 8:30am and at 2:00 the Federal Reserve will announce the Federal Open Markets Committee (FOMC) rate decision followed by Chair Powell’s press conference at 2:30.

The FOMC meeting is two days long, but hanging over the first day of discussions will be the knowledge that the next day the CPI will be released in the morning. Obviously, as the Fed prepares to make its rate decision...

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