US Producer Price Index Might Increase By This Much In September, Here Are The Major Macro Issues For Wednesday - Meta Platforms (NASDAQ:META)


U.S. stocks closed mostly lower on Tuesday with the Nasdaq Composite dropping over 100 points amid a decline in Meta Platforms, Inc. META shares.

Let’s have a look at the major economic events scheduled for today.

  • The MBA’s index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
  • The Producer Price Index for September will be released at 8:30 a.m. ET. Producer prices, which declined 0.1% in August, are expected to increase 0.2% in September.
  • Minneapolis Fed President Neel Kashkari is set to speak at 10:00 a.m. ET.
  • The Atlanta Fed’s Business Inflation Expectations survey report for October is scheduled for release at 10:00 a.m. ET.
  • The Treasury is set to auction 10-year notes at 1:00 p.m. ET.
  • Michael Barr, the Fed’s vice chair for supervision will speak at 1:45 p.m. ET.
  • The Federal Open Market Committee will issue minutes of its latest meeting at 2:00 p.m. ET.
  • Federal Reserve Governor Michelle Bowman is set to speak at 6:30 p.m. ET.

Volatility In Markets Increases Ahead Of Inflation Data

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