While the major index futures are currently pointing to a roughly flat open on Wall Street, early trading may be driven by reaction to remarks by Federal Reserve Chair Jerome Powell.
Powell is scheduled to deliver opening remarks at the Division of Research and Statistics Centennial Conference just before the start of trading.
Traders are likely to pay close attention to Powell's remarks for additional clues about the outlook for interest rates.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.