What will the Fed do? - podcast episode cover

What will the Fed do?

Jun 14, 202341 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

It's a "wait-and-see" Wednesday on Wall Street as this afternoon's Federal Reserve interest rate decision looms large. Investors are hoping for a "Powell punt" - no rate hike - following 11 consecutive months of increases. Perhaps helping push the Fed toward a pause is the latest Producer Price Index report released this morning. It shows prices falling at the factory gate by a greater-than-expected 0.3% month over month.

To learn more about how CNN protects listener privacy, visit cnn.com/privacy

Learn more about your ad choices. Visit podcastchoices.com/adchoices

For the best experience, listen in Metacast app for iOS or Android