Federal Reserve Decision Looms Large as Retail Sales Data Unfolds
The upcoming week on Wall Street will be dominated by two key events: the Federal Reserve's decision on interest rates and an update on retail sales.
The Federal Reserve is expected to make a decision on interest rates, which has been a topic of much speculation in recent weeks. With inflation remaining high, investors are eager to see how the Fed will balance its efforts to control inflation with the potential impact on economic growth.
The retail sales update will also be closely watched, as it provides insight into consumer spending habits and can have a significant impact on the overall economy.