Fed meeting, housing data, initial jobless claims: What to Watch

00:00 Speaker A

Well, the time -out for what to watch on Wednesday, June 18th. Starting from the FED, the FM’s FOMC meeting ended tomorrow and resulted in the interest rate decision in June. According to the CME Fedwatch vehicle, Wall Street expects the Fed to keep the rates constant in June. Fed President Jerome Powell held a press conference after this decision. And yahoo! Finance will begin at 14:00 tomorrow.

00:28 Speaker B

As you switch to housing, we will receive new data with housing starters and building permits in the morning. Economists foreseeing the beginning of the housing, compared to last month will decrease to 1.3 million speed, the building is moving up to 1.43 million.

00:44 Speaker A

And taking a look at the labor force, the first weekly unemployment claims that data emerged in the morning. This number is expected to fall to 245,000 and indicates a little more durability in the labor market.

00:55 Speaker B

We will also earn some profit, including Smith & Wesson and Aurora cannabis tomorrow.