Fed Powell’s ambivalent stance leaves investors with a cloud of uncertainty. Why the U.S. stock market faces a difficult week ahead.
August 27, 2023 at 12:01 PM EDT
Next week, the Fed’s preferred measure of inflation and the latest employment report will offer the next trial for the U.S. stock market as investors assess whether stocks can defend their recent gains under “cloudy skies” of uncertainty over the economic outlook.
