Monday Market Must-Knows: September 26, 2022
Core PCE Price Index and Crypto Regulations
Expect two big announcements this week.
After last week’s interest rate hike ¬ and subsequent market sell-off, we’ll get some indication of whether or not there is any gain in all this pain. An update on the Core PCE Price Index comes out Friday at 8:30am ET.
Rules and regulations for Cryptocurrency? Jerome Powell will participate in a panel discussion on Digital Currencies hosted by the Bank of France – Tuesday 7:30am ET. It’s possible that we get some clarity from Jerome Powell regarding this industry.
Both announcements have the potential to creative volatility so make sure you have proper risk management.
There are 247 companies reporting this week: BlackBerry, Cintas, Paychex, Mercedes-Benz, Micron Technology, Nike, Rite Aid, Bed Bath & Beyond, Carnival, CarMax and others.