SPY News: On Oddsmaking CPI and the Fed's Decision - 12th Jun 2024, 12:37am

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Tuesday, June 11th, 2024

Mid-week, we have two potentially very big catalysts for the stock market. First, monthly inflation metrics via the Consumer Price Index (CPI) for May hit the tape ahead of Wednesday's opening bell, then mid-afternoon we get the latest monetary policy statement from the Federal Open Market Committee (FOMC) regarding interest rates. We’re seeing some pairing of these two pending issuances, but let’s see if this is warranted.

CPI numbers have established a ...

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