Chile Set to Hold Key Rate, Hint at Future Cuts: Decision Guide

Chile's central bank will likely hold its key interest rate steady Tuesday, while signaling plans to resume monetary easing as global headwinds crimp growth and local inflation slows toward target.
Policymakers led by Rosanna Costa will keep the overnight rate at 5% after markets close, according to 14 of 19 economists in a Bloomberg survey. The remaining five expect a quarter-point reduction to 4.75%.

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Powell comments, consumer confidence, PCE: What to Watch

Here's what investors are watching next week, starting Monday, June 23. Nike (NKE) will be releasing its fourth quarter results after the market closes on Thursday. Other earnings reports next week include KB Home (KBH), Carnival (CCL), FedEx (FDX), BlackBerry (BB), General Mills (GIS), Micron (MU), and McCormick (MKC). Federal Reserve Chair Jerome Powell will testify for Congress on Tuesday. More Fed commentary will come throughout the week, including from Cleveland Fed president Beth Hammack. June's consumer confidence data will be released Tuesday morning, shedding light on the state of the consumer. Personal Consumption Expenditures (PCE) data — the Fed's preferred inflation gauge — for the month of May will be out on Friday. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Time now for to watch next week to start off on the earnings front, getting another round of earnings, including FedEx, Micron, and Nike. Nike out results for the 4th quarter on Thursday. That's after the markets closed. It's been a rough year for Nike, offering big discounts to clear out product that didn't sell. All while terrorists we know are weighing on the company's bottom line, analysts expecting sales could drop by about 15% compared to last year. That's in line with what Nike has been warning. Taking a look at the Fed, we're gonna be getting some commentary throughout the week, including Fed Chair Jerome Powell. Powell testifying in front of Congress on Tuesday. That will be for a semiannual monetary policy report for the House Financial Services Committee. Also on Tuesday, we're gonna be getting monthly consumer confidence data for June in the morning. Economists forecasting that number to. Up slightly to 99, signaling consumers are feeling slightly more optimistic about the economy than they were a month ago. And sticking with the economy, personal consumption expenditures, or PCE data coming out on Friday, the Fed's preferred inflation gauge expected to hold steady at 0.1% on a month over month basis.

Yahoo

2 hours ago

• Yahoo

Powell comments, consumer confidence, PCE: What to Watch

Here's what investors are watching next week, starting Monday, June 23. Nike (NKE) will be releasing its fourth quarter results after the market closes on Thursday. Other earnings reports next week include KB Home (KBH), Carnival (CCL), FedEx (FDX), BlackBerry (BB), General Mills (GIS), Micron (MU), and McCormick (MKC). Federal Reserve Chair Jerome Powell will testify for Congress on Tuesday. More Fed commentary will come throughout the week, including from Cleveland Fed president Beth Hammack. June's consumer confidence data will be released Tuesday morning, shedding light on the state of the consumer. Personal Consumption Expenditures (PCE) data — the Fed's preferred inflation gauge — for the month of May will be out on Friday. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Time now for to watch next week. Gonna start off on the earnings front. We're getting another round of earnings, including FedEx, Micron, and Nike. Nike announced results for the fourth quarter on Thursday. That's after the markets close. Been a rough year for Nike offering big discounts to clear out product that didn't sell. All while tariffs, we know, were weighing on the company's bottom line. Analysts expecting sales could drop by about 15% compared to last year. That's in line with what Nike has been warned. Taking a look at the Fed, we're going to be getting some commentary throughout the week, including Fed chair Jerome Powell. Powell testifying in front of Congress on Tuesday, that will be for a semi-annual monetary policy report before the House Financial Services Committee. Also on Tuesday, we're going to be getting monthly consumer confidence data for June in the morning. Com is forecasting that number to tick up slightly to 99, signaling consumers are feeling slightly more optimistic about the economy than they were a month ago. And sticking with the economy, personal consumption expenditures or PCE data coming out on Friday, the Fed's preferred inflation gauge expected to hold steady at 0.1% on a month-over-month basis. 登入存取你的投資組合

Bloomberg

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Rebecca Shi on ICE Raids Scaring Essential US Workers

Rebecca Shi, American Business Immigration Coalition Executive Director, discusses the impact ICE raids are having on the US labor force and shares her thoughts on whether or not the deportations themselves or the fear the deportations are instilling on workers are putting more stress on the job market. She speaks with Joe Mathieu and Tyler Kendall on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)