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According to PANews on June 20, the market next week will be dominated by U.S. economic data and related Federal Reserve statements.
The core PCE price index (the Fed's preferred inflation indicator) is scheduled for release on Thursday, along with the May personal consumption expenditures data.
Federal Reserve officials are set to speak on Friday: New York Fed President Williams, Chicago Fed President Goolsbee, and Minneapolis Fed President Kashkari will all make market comments.
Market focus remains divided between developments in Middle Eastern geopolitics and recent inflation signals, as traders reassess the Fed's commitment to fighting inflation following recent policy remarks.
The core PCE price index (the Fed's preferred inflation indicator) is scheduled for release on Thursday, along with the May personal consumption expenditures data.
Federal Reserve officials are set to speak on Friday: New York Fed President Williams, Chicago Fed President Goolsbee, and Minneapolis Fed President Kashkari will all make market comments.
Market focus remains divided between developments in Middle Eastern geopolitics and recent inflation signals, as traders reassess the Fed's commitment to fighting inflation following recent policy remarks.