Wednesday's economic calendar
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- 7:00 MBA Mortgage Applications
- 8:30 Durable Goods
- 8:30 International Trade in Goods (Advance)
- 8:30 Retail Inventories (Advance)
- 8:30 Wholesale Inventories (Advance)
- 10:00 Pending Home Sales
- 10:00 State Street Investor Confidence Index
- 10:30 EIA Petroleum Inventories
- 11:00 Survey of Business Uncertainty
- 11:30 Results of $24B, 2-Year FRN Auction
- 2:00 PM FOMC Announcement
- 2:30 PM Chairman Press Conference
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Comments (1)
PPI in June was over 11% but the FED wants to pull back on raising rates as much as the past two months .75%. Maybe .50% in August or less? What happen to looking at the data. What has changed? PPI for July has yet to come out. July's report is due Aug 11.