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New York
CNN
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Wall Street is being dealt a rare double feature of economic news on Wednesday, when an inflation report is due in the morning and the Federal Reserve is expected to announce what it will do with its key interest rate in the afternoon.
What to expect: Investors will parse the May Consumer Price Index report on Wednesday morning, just hours before the Fed is slated to announce its monetary policy update. The CPI report and Fed’s policy meeting have fallen on the same day just seven times since 2014, according to Bank of America. Despite the rare event, it’s unlikely the stock market…
