Market Overview Analysis by Investing.com (Francesco Casarella) covering: EUR/USD, US Dollar Index Futures. Read Investing.com (Francesco Casarella)'s latest article on Investing.com
Today's inflation data is the main event of the week with the potential to spark major moves across markets.
The Fed's messages in the statement and Powell's quotes in the press conference will be key, alongside the data itself.data release, the key event overshadowing everything else for investors. While the Fed's stance is somewhat predictable , inflation holds the potential to significantly impact markets.Seeing only falling numbers should help. But we have recently seen sticky inflation has been of late.
Remember, inflation data carries more weight than the Fed's decision today. The Fed uses this data to guide monetary policy.
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