Economic Data Could Send Rates Soaring And Stocks Lower The Week Of April 22, 2024
April 21, 2024 at 14:20 PM EDT
This week’s data and earnings will have a big say in where markets go. If the PCE data comes as expected, it likely means that Fed rate cuts would not happen until the end of the year. Meanwhile, hot PCE data would kill hopes for rate cuts in 2024.
