What will the Fed do? - a podcast by CNNI
from 2023-06-14T14:39
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It's a "wait-and-see" Wednesday on Wall Street as this afternoon's Federal Reserve interest rate decision looms large. Investors are hoping for a "Powell punt" - no rate hike - following 11 consecutive months of increases. Perhaps helping push the Fed toward a pause is the latest Producer Price Index report released this morning. It shows prices falling at the factory gate by a greater-than-expected 0.3% month over month.
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