KEY TAKEAWAYS
Markets, federal offices, and most banks are closed Wednesday for the Juneteenth national holiday.
Several Federal Reserve officials are scheduled to comment after last week’s interest rate decision and updated economic forecasts.
Earnings reports from homebuilders Lennar and KB Home are scheduled close to several housing-market indicators, including existing home sales and housing…
KEY TAKEAWAYS
The Federal Reserve is expected to keep interest rates steady this week, putting the focus on officials' projections for the timing of potential cuts and the trajectory of the economy.
The Consumer Price Index (CPI) report will show whether inflation continues to cool after heating up earlier this year.
Apple's big developers conference…
QECB Villeroy according to Reuters, stated yesterday that a rate cut by the ECB has significant room for rate cuts, with the first possibly occurring in their June meeting. The comments made by the policymaker could be interpreted as dovish in nature and thus, should the ECB ease its monetary policy stance during their meeting…