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Week Ahead: Fed set to raise rates, Italy heads to elections

Week Ahead: Fed set to raise rates, Italy heads to elections

Global Market Insights - Forex, Futures, Stocks

July 22, 20227m 1s

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All eyes will be on the Federal Reserve meeting next week. A triple-barreled rate increase is essentially locked in, so traders will put more emphasis on Powell’s commentary and the upcoming GDP report that will reveal whether America is in a technical recession. Over in Europe, there’s another round of inflation data coming up, although the euro might care more about the unfolding political crisis in Italy.

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