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The Federal Reserve is expected to announce a rate cut on Wednesday following mixed inflation reports, including a significant decrease in the Producer Price Index (PPI) and a slight uptick in the Consumer Price Index (CPI). This meeting will occur after the inflation reports showed a changing economic landscape.
Economists project retail sales to increase by 0.3% in August, down from 0.5% in July, indicating a potential slowdown in consumer spending. The Federal Open Market Committee (FOMC) will release details on potential future rate cuts, alongside remarks from Fed Chair Jerome Powell that may impact market performance.
Additionally, President Trump’s Executive Order #14196, signed in February, aims to revive American economic dominance and could significantly influence Social Security. The initiative expects collaboration with U.S. companies managing untapped natural resources, which may lead to a new market opportunity in critical minerals.
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