#banks #youtube #inflation #youtube
Big bank earnings, key inflation data, and fresh news from the Federal Reserve. We’ve got a big week in store for the markets, here’s what you need to know: 1. The country’s largest banks will report earnings next week. JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) are set to post their first quarter results, set against the backdrop of a possible banking crisis. Wall St. will be watching closely for performance on deposits and bank liquidity, while top executives give insight into the health of the US banking system. 2. We’ll receive new inflation data and retail sales figures for the month of march. Will we see inflation continue to trend downward? Wednesday: CPI Thursday: PPI Friday: Retail Sales 3. All of this, of course, is being carefully considered by the Federal Reserve. Americans will pick the brains of Fed policy makers throughout the next week as we hear comments from several central bank officials and get a readout of the minutes from its March policy meeting.
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