Inflation data, Fed decision in focus in busy day on Wall Street: Yahoo Finance
There is a lot for investors to watch today on Wall Street. The May Consumer Price Index Report kicked things off early this morning. The latest read on inflation is key ahead of what happens later today when the Federal Reserve releases its latest decision on interest rates at 2 PM E.T. Economists expect the central bank to hold rates steady, but they think the morning’s inflation reading could impact how many rate cuts policymakers project in the coming months. Trending tickers on Yahoo Finance include Oracle Corp. (ORCL), Affirm Holdings (AFRM), and GameStop (GME).
Top guests today include:
8:45 AM: Tendayi Kapfidze, Wells Fargo Chief Corporate Economist, and Peter Tchir, Academy Securities Head of Macro Strategy
9:05 AM: Michelle Meyer, Mastercard Economics Institute Chief US Economist
9:30 AM: Ronald Jewsikow, Guggenheim Securities Director
10:15 AM: Ivy Zelman, Zelman and Associates CEO
10:30 AM: Saadia Zahidi, World Economic Forum Managing Director
10:45 AM: Shehriyar Antia, PGIM’s Head of Thematic Research