Yahoo Finance co-host Akiko Fujita looks ahead to next week's headline events, including the Fed's rate hike decision following the September FOMC meeting, fresh housing data, the latest corporate earnings, and the United Nation's General Assembly.
Video Transcript
AKIKO FUJITA: Well, here's a look at what to watch next week. Wednesday is the big day on Wall Street with the Fed decision. The central bank is widely expected to hold rates steady at this meeting. But investors are pricing in at least one more rate hike this year. The decision will be announced at 2:00 PM, and we will be live to bring you analysis in the news conference from Fed Chair Jerome Powell.
It will be a busy week for the housing sector. A slew of data is expected from homebuilder sentiment, to housing stats, and existing home sales. On the earnings front, among the companies we'll hear from include AutoZone, FedEx, General Mills, KB Home, and Darden.
And Russia's invasion of Ukraine is expected to be the major focus of the UN General Assembly, kicking off on Monday. President Biden will be attending, but he is expected to be the only permanent member of the Security Council attending on Wednesday. He is set to hold a meeting on the sidelines with Israeli Prime Minister Benjamin Netanyahu.
