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S&P 500 Index
Short

FOMC Announcement of Rates & Inflation conditions

234
SPX sees some downward pressure

FOMC Announcement
Unemployment seen around 3-4%
Inflation Elevated then "moderating"
Upward pressure on spending with supply bottlenecks "larger than anticipated"...
Prediction of 2022 inflation 2.2% for 2022
Inflation Goal 2% is goal
2023 projections on Fed rates above 3%

Ed-We will see in June & July CPI rates...
egillis214
Chart PatternsfedfederalreserveFOMCTechnical IndicatorsratestatementSPX (S&P 500 Index)

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsfedfederalreserveFOMCTechnical IndicatorsratestatementSPX (S&P 500 Index)
egillis214

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.