First Move with Julia Chatterley cover image

First Move with Julia Chatterley

What will the Fed do?

Jun 14, 2023
41:04

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.

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