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Federal Reserve’s Final 2023 Meeting: FOMC’s Economic Projections Crucial, Dot Plot Weeds Out Hawks, Doves

Fed expected to announce interest rate decision this Wed. Markets expect rates to settle 5.25-5.50%. FOMC will release economic projections, dot plot, & revisiting Sept. projections. Sept. projections showed 2.5% PCE inflation in 2024, 1.5% economic expansion in 2024.

TLT

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5 ETFs To Watch When November Inflation Data Drops Tuesday

Economists predict a marginal decrease in the annual CPI inflation rate from October's 3.2% to 3.1%. Core CPI rate is expected to hold steady at 4%. Sector-specific ETFs experienced notable changes with TAN, KRE, XLRE, ARKK and GDX leading the pack.

ARE

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Index Futures Fall, Dollar Rallies As Labor Market Strength Dampens Fed Rate Cut Speculation

U.S. equity futures take a sharp downturn after unexpected strength in labor market, with traders questioning aggressive rate cut bets & traders adjusting expectations for a Fed rate cut in March 2024 to 49% chance.

AMD

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US Stocks Falter, Bonds, Dollar Gain, While Bitcoin Soars Past $43,000 On Rising Institutional Interest: What’s Driving Markets Tuesday?

The momentum on Wall Street during Tuesday’s session continues to lack strength as investors carefully scrutinize the most recent economic data.

ALB