Q4 Earnings, Econ Data to Inform Fed Decisions

Up through last week, information pertaining to stock market moves have largely come from economic data and the Fed’s interpretation of it, year to date. This week, with the next Federal Open Market Committee (FOMC) meting scheduled for a week from tomorrow, we won’t be hearing from any members of the monetary policy body. But Q4 earnings pick up this week, and by Friday we’ll see the Fed’s preferred measure of inflation: Personal Consumption Expenditures (PCE).Ahead of all this — there are no major economi ...