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This Wednesday is set to be crucial for gaining economic insights, with several key reports and decisions lined up. In Wednesday night we will see the release of the May Consumer Price Index (CPI) report, followed by the June Federal Open Market Committee (FOMC) meeting in the Thursday morning. Additional data on the Producer Price Index (PPI), import ...
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The NFIB Small Business Optimism Index reached the highest reading of the year in May at 90.5, a 0.8-point increase but still the 29th month below the historical average of 98. The Uncertainty Index rose nine points to 85, the highest reading since November 2020. Twenty-two percent of owners reported that inflation was their single most important problem in ...
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