「Taper Tantrum」 + Powell's Attack: Market Could See Significant Volatility

BlockBeats News, May 15. Tonight at 20:30 EST, the U.S. will release Retail Sales data (known as "Terror Data") and the U.S. Producer Price Index (PPI). These data releases could significantly impact the market's expectations of future Fed rate cuts. Weaker-than-expected U.S. PPI and Retail Sales data could reignite dovish expectations from the Fed, weigh on the U.S. dollar, and provide much-needed support for the price of gold.

To proactively address the impact of U.S. tariffs, tonight's Retail Sales data is believed to show a significant increase (though some voices suggest the data may fall short of expectations), while U.S. April PPI inflation YoY is expected to drop to 2.5%. Looking ahead at the data, the interpretation of these two key releases tonight may be conflicting, making it challenging for investors to draw directional conclusions.

Ten minutes after the release of these two key regular data points, Fed Chair Powell will take the stage at 20:40 EST to deliver the opening remarks for the second annual Fed Thomas Laubach Research Conference. This conference will focus on monetary policy and economic research, expected to provide an academic perspective for the Fed's commitment to a once-every-five-years review of its monetary policy framework, with the conference running through the 16th. (Golden Finance)