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Earnings, Fed Decision and Recession in View

Bloomberg Businessweek

00:00

The Fed's Favorite Inflation Measure

The FOMC meeting July 26th, pretty much a done deal in terms of a quarter point hike. The week does get a little bit more interesting data-wise but after Wednesday when the Fed meets, we'll get a first look at second quarter GDP. And then on Friday, one of the Fed's favorite wage measures comes out that employment cost index also for the second quarter. So a lot of exciting things Wednesday through Friday coming up next week.

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