Will Inflation Keep Falling This Week? - MMMK 090924

Last Friday’s unemployment numbers sent markets tumbling, with the NASDAQ dropping almost 5% and the S&P down 3.5%.
Despite unemployment landing at 4.2%, in line with expectations, some had hoped for a higher number, which would have pressured the Federal Reserve to cut rates by 50 basis points. Now, expectations lean towards a smaller 25 basis point cut, likely at the next Fed meeting on September 18th.
The earnings calendar is light this week, featuring Oracle, Adobe, and GameStop. Meanwhile, the CPI and PPI inflation data releases are key this week, with expectations for continued downward trends in inflation.
For more information, please visit tradingacademy.com

[@stangss1]

Thats what she said

[@UniqueGoat3]

🤔🤭🤑🤗