Weaker Data, Geopolitical Risks Ahead of FOMC Decision
Schwab Network · Schwab Network
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Show Notes
Kevin Hincks provides the trading day's roadmap with all eyes on the FOMC rate announcement and Jerome Powell's press conference. He dives into the morning's economic data, citing higher jobless claims numbers that are trending upward. Ahead of the FOMC, Kevin believes Powell will not say anything that changes the Fed's outlook but will be closely monitoring the "Dot Plot" for any changes. Kevin also cautions investors that any headlines from the Israel-Iran conflict could disrupt a day bookended by data and the Fed.
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