New York Times (August 12)
2024/ 08/ 14 by jd in Global News
“A sense of calm has returned to global markets on Monday, but the economic conditions that triggered last week’s roller coaster swings are still on many minds ahead of a pivotal week.” All eyes are on “Wednesday’s inflation data.” Economists are forecasting “a slight uptick” in CPI, but the consensus believes the Fed will nevertheless cut interest rates. “With markets on edge, traders see a big potential swing in the S&P 500 after the report comes out.”
Tags: S&P 500
