00:03 Speaker A
Time now for to watch Wednesday, September 17th. Starting off on the Federal Reserve. All eyes will be on the Fed September interest rate decision.
00:15 Speaker A
Two-day FOMC meeting concluding on Wednesday, Wall Street expecting the Fed to cut rates at Wednesday’s meeting.
00:23 Speaker A
We’ll also be getting a new summary of economic projections with the decision, also known as the Fed’s dot plot.
00:29 Speaker A
Fed Chair Jerome Powell will be giving a press conference after the interest rate decision. Yahoo Finance will begin coverage on Wednesday at 2:00 p.m. Eastern.
00:40 Speaker A
Taking a look at earnings, going to be getting a new batch of reports from notable names including General Mills, Bullilish, and Cracker Barrel. Bullilish announced results for the second quarter and hosting its inaugural earnings call after the market’s close on Wednesday.
00:54 Speaker A
Analysts seeing a path for Bullilish to take US institutional market share from Coinbase. Investors are going to be listening close to the company’s first earnings call for any clues about its path forward.
01:07 Speaker A
Moving over to housing. Fresh housing data is coming out on Wednesday with housing starts and building permits. Economists forecasting housing starts to fall to an annualized rate of 1.37 million, while building permits tick up slightly to 1.37 million.
