The NYSE closed on Tuesday with mixed resultsawaiting the publication of key data about him employment and inflation in the United States, which could influence the direction the Federal Reserve takes (Fed).
He Dow Jones (+0.10%) once again broke a record at the close, ending at 50,188.14 points. The broad S&P 500 index lost 0.33% and the Nasdaq fell 0.59%.
What impact does data have? employment and inflation at the Fed?
The investors eagerly awaiting this Wednesday official figures of employment in the United States corresponding to January, followed this Friday by the consumer price index (CPI) for the same month.
“It’s the calm before the storm,” Adam Sarhan of 50 Park Investments summarized to AFP.
“If the figures do not correspond to the expectations (…) there could be a sudden rise or fall in prices.”
Those two indicators are decisive to evaluate the future of the monetary policy of the Fedexplained the analyst.
- A rising inflation and a depressed labor market could be conducive to a flexibility of the monetary policy.
“Any information you give to the Fed the occasion of cut rates will be considered positive by the market, even if it is worse than expected,” he says. Adam Sarhan.
Nails lower rates They are usually a good sign for Wall Streetwho sees in it the possibility of higher business profits.
