FOMC

2024

Coin

<ul class="wp-block-list news-points"> 
 <li>August’s PPI, CPI, FOMC minutes, and Jackson Hole Symposium offer crucial economic insights.</li> 
 <li>PPI data may signal rising inflation, potentially impacting the US dollar.</li> 
 <li>Investors closely watch CPI data and Fed’s response for monetary policy implications.</li> 
</ul> 
August 2024 is shaping out to be a decisive month for key economic indicators and policy discussions, with the release of the Producer Price Index (PPI), Consumer Price Index (CPI), Federal Open Market Committee (FOMC) minutes, and the <a href="https://www.kansascityfed.org/research/jackson-hole-economic-symposium/economic-symposium-conference-proceedings/" target="_blank" rel="nofollow">Jackson Hole Economic Symposium</a>. These significant economic events will offer valuable insights into the current economic landscape and potential shifts in monetary policy. 
On August 13, the Bureau of Labor Statistics (BLS) will release <a href="https://www.bls.gov/schedule/news_release/ppi.htm" target="_blank" rel="nofollow">July’s PPI data</a> at 8:30 AM Eastern Time. The PPI, a leading indicator of inflation, measures the average change in prices received by domestic producers for their goods and services. A higher-than-expected PPI reading could signal rising inflationary pressures, potentially strengthening the US dollar. 
The following day, August 14, the BLS will release the Consumer Price Index <a href="https://www.bls.gov/cpi/#:~:text=July%202024%20CPI%20data%20are,Eastern%20Time." target="_blank" rel="nofollow">(CPI) for July 2024</a> at 8:30 AM ET. The CPI tracks the average change…
The post <a href="https://coinedition.com/august-economic-outlook-cpi-ppi-fomc-jackson-hole/">August Economic Outlook: CPI, PPI, FOMC, &amp; Jackson Hole</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

August Economic Outlook: CPI, PPI, FOMC, & Jackson Hole

Coin Edition

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