Investors wary of Fed's next move amid softer data; potential rate cuts possible

From Investing.com: 2024-06-21 06:51:00

Investors skeptical of Fed’s intentions despite softer CPI and retail sales data, more rate cuts may be in the cards, core PCE index awaited. BoJ may opt for July hike, but unclear signals cause uncertainty. BoC likely to cut rates again if CPI data shows cooling inflation. Australia’s CPI could support RBA’s hawkish stance amid talk of rate hike.



Read more at Investing.com: Week Ahead – US PCE Inflation the Highlight of a Relatively Light Agenda