Stock markets uncertain due to Fed rate cut concerns, key data awaited from CPI and ECB.

From Tasty Live: 2024-04-08 15:50:41

Stock markets face uncertainty as investors question the sustainability of the recent rally with the possibility of fewer Federal Reserve rate cuts. CPI data holds key for Fed policy expectations, while ECB might proceed with rate cuts before the Fed. Wall Street reacts cautiously to mixed signals from economic data and Fed’s policy outlook. This week, markets await crucial inflation figures and FOMC meeting minutes to gauge the central bank’s stance on rate cuts and tapering. ECB policy meeting should provide further insight into potential easing measures ahead. Trading with tastytrade provides access to insightful market analysis and live programming.



Read more at Tasty Live: U.S. CPI Data, FOMC Meeting Minutes, ECB Rate Decision