The FOMC is expected to leave rates unchanged at 5.00-5.25%. The accompanying 'Dot Plot' will go a long way in addressing the unchanged deci

FOMC PREVIEW

Overall not a bad PPI report from a "Fed skip" perspective

US PPI Final Demand YY* (May) 1.1% (Prev. 2.3%)

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<p>Morning everyone, Darren at Leviathan financial, nothing much going on overnight. European stocks up 0.3 S&#038;P up about 0.2 about the same. Uh, pretty much unchanged everywhere else across the board. This is because we are waiting today for the big number, CPI uh, this is gonna indicate what the Fed are going to do with rates.<br />
This will affect everything going forward. It&#8217;s very, important year on year 5.1%, expected anything lower, the Fed could pause anything higher, we could continue this cycle of rate hikes. Uh, so keep eye on that. We have also the minutes of the FOMC of the last meeting coming out, so we&#8217;ll have a rough idea of how worried they were about the banking crisis or whatever and what their view is on forward rates going forward. So very important, keep an eye on the number that will indicate how everything moves From now on in. Other than that, good luck trading everyone and have a great day.</p>


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All is quiet as we await CPI number along with the Fed minutes, what will the Fed do with rates? all will be revealed

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Overall not a bad PPI report from a "Fed skip" perspective

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