A Post-Fed Wall Street Buckles Up for High-Stakes Economic Data
- Economic data before Fed’s next meeting may stoke volatility
- August’s muted trading volumes could also drive market swings
Ever since the Federal Reserve kicked off its historic tightening campaign, Wall Street has clung to every word and deed of Jerome Powell and his colleagues.
Now economic data really is in the driver’s seat, with the potential to push market volatility near historic levels before the Fed’s next meeting in September.