Inflation Data, Fed Decision in Focus Next Week

The import and export price indexes are also on tap

Deputy Editor
Jun 6, 2024 at 1:00 PM
facebook X logo linkedin


Inflation data will be front and center this coming week, alongside the Federal Open Market Committee's (FOMC) interest rate decision and Fed speeches that could give hints as to interest rate plans for the year.

Earning season is coming to a close, but Adobe (ADBE), Broadcom (AVGO), GameStop (GME), Dave & Buster's (PLAY), and Oracle (ORCL) will still report earnings next week. 

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

The week start off slow on Monday, June 10, with no economic data scheduled. 

Tuesday, June 11 features the Organization of the Petroleum Exporting Countries (OPEC+) monthly report.

Wednesday, June 12 brings consumer price index (CPI) and core CPI data, as well as the Federal Reserve's interest rate decision and comments from Fed Chairman Jerome Powell.

Regularly scheduled jobless claims data is slated for Thursday, June 13, along with the producer price index (PPI) and core PPI.

The import and export price indexes and Michigan consumer sentiment data are due out on Friday, June 14.

 

Unlock Weekend Profits with Chris Prybal's Favorite Strategy Up +487.5% in 2024

With the markets going left, right, and sideways, you need to have a plan now more than ever. 

Expert Trader Chris Prybal is no stranger to volatility, and has mastered finding big stock rallies while other traders aren't looking over the weekend. Rallies that produced gains like +207% on RTX calls, +236% on MARA calls, and +238% on NET calls.

A few simple moves on Sunday at 7pm could be the “Secret Sauce” your portfolio needs to not just stay afloat, but make unprecedented gains in this turbulent market.


Don’t sit on the sidelines, beat the market with Chris Prybal's strategy. Join him now!