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Why Today (Dec. 18) Is a Big Day for the Stock Market


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  That's why today (Dec. 18) could be a big day for the stock market. Fed officials will not only announce an interest rate decision at 11:00 AM ET, but also update their long-term economic projections to provide visibility into 2025. If those projections show fewer rate cuts that investors expect, the stock market could tumble.

The article from The Motley Fool discusses why December 18, 2024, is a significant day for the stock market. It highlights several key events and economic indicators that investors are watching closely. Firstly, the Federal Reserve is expected to announce its latest interest rate decision, which could influence market directions based on whether rates are hiked, cut, or left unchanged. Secondly, there's anticipation around the release of the latest consumer price index (CPI) data, which could provide insights into inflation trends and affect expectations for future Fed actions. Additionally, several major companies are set to report their earnings, including tech giants like Apple and Amazon, which could sway market sentiment. The article also mentions the potential impact of geopolitical developments and the ongoing recovery from previous economic disruptions, all of which contribute to making this day pivotal for investors as they navigate through these various economic signals.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/18/why-today-dec-18-is-big-day-for-stock-market/ ]

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