What to Expect in Markets This Week: Fed Interest Rate Decision and Powell Remarks; Earnings From Oracle, Broadcom

Federal Reserve and Interest Rates - The Federal Reserve is expected to cut interest rates for the third consecutive time, with rates anticipated to drop to the 3.5% to 3.75% range [3][4] - Fed Chair Jerome Powell will hold a press conference post-meeting to discuss the economy, job market, and inflation, which may provide insights into future interest rate decisions [5] Corporate Earnings Reports - Key earnings reports this week include Oracle, Broadcom, GameStop, Costco, Adobe, and AutoZone, with a focus on how these companies are navigating current economic conditions [2][6] - Oracle's stock faced a decline due to concerns over debt for AI infrastructure, while Broadcom's shares rose due to optimism from its relationship with Alphabet [7] - Costco's report may reveal the impact of tariffs on its operations, and AutoZone's earnings will be scrutinized after missing profit expectations in the previous quarter [8] Economic Data Releases - Important economic data to be released includes job openings, employment cost index, and trade deficit figures, which will provide further context for the Fed's decisions [10][11]