The big story next week will be Wednesdays Fed meeting. Investors will be looking for a change in language which will make the timing of the first fed funds rate hike more dependent on the performance of the economy and less on guidance toward a specific date. Next weeks economic data will include important inflation and housing data. The Producer Price Index (PPI) will come out on Tuesday. The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Wednesday. The NAHB Housing Survey also will come out on Wednesday and Housing Starts will be released on Thursday. Industrial Production and Philly Fed will round out the schedule. In addition, investors will be keeping an eye on the conflict in Ukraine and the independence vote in Scotland.
Posted on: Fri, 12 Sep 2014 16:47:40 +0000
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