Wall Street Week Ahead: Fed minutes, retail earnings and key economic data to drive markets
New Delhi, Aug. 16 -- Wall Street investors will closely track the minutes of the Federal Reserve's latest policy meeting, along with quarterly results from several major US retailers, in the week ahead. The Fed minutes could provide important clues about the central bank's thinking on interest rates and whether a rate increase remains possible in September.
The minutes, scheduled for release on Wednesday, will offer investors further insight into the discussions among policymakers when the Fed decided to keep US interest rates unchanged.
Expectations for an imminent rate hike have weakened following softer-than-anticipated US employment data and a modest easing in inflation. These developments have led investors to scale back bets on h...
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